Koss Olinger Consulting LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 60,403 shares of the exchange traded fund’s stock, valued at approximately $3,430,000.
A number of other institutional investors have also recently made changes to their positions in EEM. Founders Financial Securities LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 0.3% in the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after acquiring an additional 163 shares during the period. Arcus Capital Partners LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.0% in the first quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock worth $959,000 after purchasing an additional 167 shares during the last quarter. Hazlett Burt & Watson Inc. increased its holdings in 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 valued at $184,000 after purchasing an additional 169 shares during the period. Cim LLC increased its holdings in iShares MSCI Emerging Markets ETF by 3.0% during 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 during the period. Finally, Nicolet Advisory Services LLC increased its holdings in iShares MSCI Emerging Markets ETF by 2.9% during the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after purchasing an additional 184 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Price Performance
EEM opened at $63.29 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $47.98 and a one year high of $71.57. The business has a 50 day simple moving average of $67.11 and a two-hundred day simple moving average of $62.25. The firm has a market capitalization of $28.02 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72.
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.
Recommended Stories
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
