Private Advisory Group LLC Takes $1.88 Million Position in iShares MSCI Emerging Markets ETF $EEM

Private Advisory Group LLC acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 34,329 shares of the exchange traded fund’s stock, valued at approximately $1,878,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc increased its position in shares of iShares MSCI Emerging Markets ETF by 369.7% during the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 366 shares in the last quarter. BTG Pactual Asset Management US LLC grew its stake in iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares during the last quarter. Richardson Capital Management LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $33,000. Heartwood Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $37,000. Finally, Accredited Wealth Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 42.7% in the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 206 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $55.20 on Monday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $65.96. The company has a market cap of $25.16 billion, a PE ratio of 14.46 and a beta of 0.64. The business has a 50-day simple moving average of $59.30 and a two-hundred day simple moving average of $56.20.

iShares MSCI Emerging Markets ETF Company Profile

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.