Barometer Capital Management Inc. lowered its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 65.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,100 shares of the exchange traded fund’s stock after selling 7,800 shares during the period. Barometer Capital Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $233,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Perigon Wealth Management LLC increased its position in iShares MSCI Emerging Markets ETF by 77.2% in the fourth quarter. Perigon Wealth Management LLC now owns 148,373 shares of the exchange traded fund’s stock worth $8,118,000 after buying an additional 64,618 shares during the period. Sollinda Capital Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 276.3% during the fourth quarter. Sollinda Capital Management LLC now owns 28,981 shares of the exchange traded fund’s stock valued at $1,586,000 after acquiring an additional 21,280 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 92.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock valued at $12,632,000 after acquiring an additional 110,888 shares during the period. Roman Butler Fullerton & Co. grew its position in shares of iShares MSCI Emerging Markets ETF by 24.8% during the fourth quarter. Roman Butler Fullerton & Co. now owns 53,499 shares of the exchange traded fund’s stock worth $3,140,000 after acquiring an additional 10,639 shares during the last quarter. Finally, Kelsey Financial LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $1,038,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Stock Up 2.8%
EEM stock opened at $65.34 on Wednesday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.98 and a fifty-two week high of $71.57. The firm’s 50-day simple moving average is $67.01 and its 200 day simple moving average is $62.39. The stock has a market cap of $28.93 billion, a PE ratio of 14.46 and a beta of 0.72.
About iShares MSCI Emerging Markets ETF
iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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