Kropog Financial Group LLC Buys Shares of 38,148 iShares MSCI Emerging Markets ETF $EEM

Kropog Financial Group LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 38,148 shares of the exchange traded fund’s stock, valued at approximately $2,166,000. iShares MSCI Emerging Markets ETF makes up about 1.8% of Kropog Financial Group LLC’s investment portfolio, making the stock its 11th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $25,000. Merkkuri Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the first quarter worth about $27,000. BTG Pactual Asset Management US LLC grew its position in iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares during the period. Finally, Elevated Capital Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 2.8%

Shares of iShares MSCI Emerging Markets ETF stock opened at $66.48 on Thursday. The company has a 50-day moving average of $66.80 and a two-hundred day moving average of $61.26. iShares MSCI Emerging Markets ETF has a 12-month low of $47.96 and a 12-month high of $71.57. The stock has a market cap of $29.44 billion, a PE ratio of 14.46 and a beta of 0.72.

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.