Keel Point LLC Acquires 13,681 Shares of iShares MSCI Emerging Markets ETF $EEM

Keel Point LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 215,833 shares of the exchange traded fund’s stock after buying an additional 13,681 shares during the period. iShares MSCI Emerging Markets ETF accounts for 0.8% of Keel Point LLC’s portfolio, making the stock its 24th biggest position. Keel Point LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $12,257,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. MidAtlantic Capital Management Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $25,000. Merkkuri Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 1st quarter valued at $27,000. BTG Pactual Asset Management US LLC raised its holdings in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares in the last quarter. Finally, Elevated Capital Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $31,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.8%

NYSEARCA:EEM opened at $64.09 on Friday. The company has a 50-day moving average price of $66.64 and a 200-day moving average price of $62.73. iShares MSCI Emerging Markets ETF has a 12 month low of $47.98 and a 12 month high of $71.57. The stock has a market cap of $28.81 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.