Balefire LLC Purchases 14,403 Shares of iShares MSCI Emerging Markets ETF $EEM

Balefire LLC increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 31.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 60,661 shares of the exchange traded fund’s stock after acquiring an additional 14,403 shares during the period. Balefire LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,239,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in EEM. Tompkins Financial Corp bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $26,000. Maseco LLP bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $27,000. Heartwood Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $37,000. Traub Capital Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $34,000. Finally, Hemington Wealth Management bought a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $34,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $52.60 on Thursday. The firm has a market capitalization of $20.00 billion, a PE ratio of 14.46 and a beta of 0.64. The company’s 50-day moving average is $54.42 and its 200-day moving average is $51.39. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $56.31.

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).