PKS Advisory Services LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 5,048 shares of the exchange traded fund’s stock, valued at approximately $211,000.
A number of other large investors have also recently bought and sold shares of EEM. QRG Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $205,000. Jones Financial Companies Lllp grew its position in shares of iShares MSCI Emerging Markets ETF by 70.3% during the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock worth $513,000 after buying an additional 5,063 shares during the period. GM Advisory Group LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock worth $1,107,000 after buying an additional 448 shares during the period. Carret Asset Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 4.2% in the 4th quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock valued at $881,000 after acquiring an additional 857 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of iShares MSCI Emerging Markets ETF by 25.0% during the 4th quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock valued at $19,765,000 after acquiring an additional 94,633 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Trading Down 0.6 %
NYSEARCA:EEM opened at $44.38 on Thursday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The stock has a market capitalization of $16.82 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. The firm has a fifty day simple moving average of $43.71 and a two-hundred day simple moving average of $43.83.
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).
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