Robertson Stephens Wealth Management LLC Has $6.32 Million Position in iShares MSCI Emerging Markets ETF $EEM

Robertson Stephens Wealth Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 117.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 115,549 shares of the exchange traded fund’s stock after acquiring an additional 62,347 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,322,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $407,231,000. National Bank of Canada FI raised its holdings 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 purchasing an additional 1,969,944 shares during the period. Duquesne Family Office LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $101,460,000. SPX Gestao de Recursos Ltda raised its holdings in iShares MSCI Emerging Markets ETF by 1,133.3% in the third quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock worth $79,032,000 after purchasing an additional 1,360,000 shares during the period. Finally, Greenfield FTC Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $43,076,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $64.13 on Friday. The firm’s fifty day moving average is $59.72 and its two-hundred day moving average is $57.40. The firm has a market cap of $28.40 billion, a PE ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a twelve month low of $44.52 and a twelve month high of $65.96.

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.