Oppenheimer & Co. Inc. Has $4.07 Million Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Oppenheimer & Co. Inc. raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 25.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 97,291 shares of the exchange traded fund’s stock after acquiring an additional 20,009 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $4,069,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at about $982,000. Strategic Blueprint LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $221,000. Pinnacle Associates Ltd. grew its stake in shares of iShares MSCI Emerging Markets ETF by 37.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 6,781 shares of the exchange traded fund’s stock valued at $311,000 after purchasing an additional 1,842 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 32.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 20,000 shares of the exchange traded fund’s stock worth $917,000 after buying an additional 4,883 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 0.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 59,565 shares of the exchange traded fund’s stock worth $2,694,000 after buying an additional 353 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $43.21 on Friday. The stock’s fifty day simple moving average is $42.86 and its 200 day simple moving average is $43.68. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The firm has a market cap of $16.00 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70.

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).