State of Wyoming Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

State of Wyoming acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 49,110 shares of the exchange traded fund’s stock, valued at approximately $2,687,000. iShares MSCI Emerging Markets ETF accounts for about 0.3% of State of Wyoming’s portfolio, making the stock its 24th largest position.

Several other hedge funds have also added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth about $407,231,000. Mariner LLC raised its position in iShares MSCI Emerging Markets ETF by 23.8% in the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after acquiring an additional 447,010 shares during the period. Raymond James Financial Inc. raised its position in iShares MSCI Emerging Markets ETF by 18.3% in the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after acquiring an additional 313,978 shares during the period. National Bank of Canada FI raised its position in iShares MSCI Emerging Markets ETF by 21,534.1% in the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after acquiring an additional 1,969,944 shares during the period. Finally, Duquesne Family Office LLC bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth about $101,460,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.2%

NYSEARCA EEM opened at $69.92 on Thursday. The company’s 50 day moving average is $63.20 and its 200-day moving average is $59.35. iShares MSCI Emerging Markets ETF has a 12-month low of $46.15 and a 12-month high of $70.86. The firm has a market cap of $30.96 billion, a P/E ratio of 14.46 and a beta of 0.71.

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.