Arrien Investments Inc. Buys New Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Arrien Investments Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, HoldingsChannel.com reports. The fund bought 20,128 shares of the exchange traded fund’s stock, valued at approximately $870,000. iShares MSCI Emerging Markets ETF makes up approximately 0.6% of Arrien Investments Inc.’s holdings, making the stock its 20th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Pillar Financial Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $28,000. Compass Planning Associates Inc purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $36,000. Teachers Insurance & Annuity Association of America bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $37,000. Creative Capital Management Investments LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $38,000. Finally, Atmos Advisory LLC purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.8 %

Shares of NYSEARCA:EEM opened at $44.58 on Monday. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The company’s fifty day moving average is $43.19 and its 200 day moving average is $43.72. The stock has a market cap of $16.89 billion, a PE ratio of 14.88 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).