Napier Financial LLC Takes $12.67 Million Position in iShares MSCI Emerging Markets ETF $EEM

Napier Financial LLC bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 231,646 shares of the exchange traded fund’s stock, valued at approximately $12,673,000. iShares MSCI Emerging Markets ETF makes up 3.2% of Napier Financial LLC’s portfolio, making the stock its 11th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Landing Point Financial Group LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 6.8% in the fourth quarter. Landing Point Financial Group LLC now owns 88,654 shares of the exchange traded fund’s stock valued at $4,850,000 after purchasing an additional 5,643 shares during the last quarter. Ackerman Capital Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $2,412,000. SouthState Bank Corp increased its holdings in shares of iShares MSCI Emerging Markets ETF by 249.2% in the fourth quarter. SouthState Bank Corp now owns 3,167 shares of the exchange traded fund’s stock valued at $173,000 after purchasing an additional 2,260 shares during the last quarter. Syon Capital LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 0.3% in the fourth quarter. Syon Capital LLC now owns 88,710 shares of the exchange traded fund’s stock valued at $4,853,000 after purchasing an additional 259 shares during the last quarter. Finally, Vermillion Wealth Management Inc. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 4.3% in the fourth quarter. Vermillion Wealth Management Inc. now owns 6,651 shares of the exchange traded fund’s stock valued at $364,000 after purchasing an additional 275 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

NYSEARCA:EEM opened at $64.59 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.86. The stock has a market cap of $28.60 billion, a PE ratio of 14.46 and a beta of 0.73. The stock has a 50 day moving average price of $63.60 and a 200 day moving average price of $59.52.

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.