Roberts Glore & Co. Inc. IL Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Roberts Glore & Co. Inc. IL purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,713 shares of the exchange traded fund’s stock, valued at approximately $608,000.

Several other hedge funds have also recently bought and sold shares of EEM. Founders Financial Securities LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock worth $3,148,000 after buying an additional 163 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 5.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after acquiring an additional 169 shares in the last quarter. Cim LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 3.0% in the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after purchasing an additional 182 shares in the last quarter. Nicolet Advisory Services LLC grew its position in iShares MSCI Emerging Markets ETF by 2.9% in the fourth quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after acquiring an additional 184 shares during the last quarter. Finally, Vivaldi Capital Management LP grew its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock valued at $609,000 after purchasing an additional 186 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $65.67 on Wednesday. The stock has a market cap of $29.08 billion, a PE ratio of 14.46 and a beta of 0.72. 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 fifty day moving average price is $67.29 and its two-hundred day moving average price is $62.05.

iShares MSCI Emerging Markets ETF 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.