Dynasty Wealth Management LLC Invests $4.06 Million in iShares MSCI Emerging Markets ETF $EEM

Dynasty Wealth Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 74,291 shares of the exchange traded fund’s stock, valued at approximately $4,064,000.

A number of other institutional investors have also modified their holdings of EEM. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $407,231,000. National Bank of Canada FI boosted its stake in shares of iShares MSCI Emerging Markets ETF by 21,534.1% during the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after purchasing an additional 1,969,944 shares in the last quarter. Duquesne Family Office LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $101,460,000. MKP Capital Management L.L.C. bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $90,983,000. Finally, SPX Gestao de Recursos Ltda boosted its stake in shares of iShares MSCI Emerging Markets ETF by 1,133.3% during the third quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock valued at $79,032,000 after purchasing an additional 1,360,000 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $70.80 on Wednesday. The firm’s 50 day moving average price is $62.65 and its 200-day moving average price is $59.14. iShares MSCI Emerging Markets ETF has a 52-week low of $45.74 and a 52-week high of $70.86. The company has a market cap of $31.35 billion, a PE ratio of 14.46 and a beta of 0.71.

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.