iShares MSCI Emerging Markets ETF $EEM Holdings Lifted by Elevatus Welath Management

Elevatus Welath Management raised its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 150,943 shares of the exchange traded fund’s stock after acquiring an additional 18,222 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for about 2.3% of Elevatus Welath Management’s investment portfolio, making the stock its 12th biggest position. Elevatus Welath Management’s holdings in iShares MSCI Emerging Markets ETF were worth $8,258,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc grew its holdings in iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 366 shares in the last quarter. BTG Pactual Asset Management US LLC increased its position 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 valued at $30,000 after acquiring an additional 46,071 shares during the period. Richardson Capital Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $33,000. Heartwood Wealth Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $37,000. Finally, Accredited Wealth Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 42.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 206 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $55.20 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $65.96. The stock has a market cap of $25.16 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The business has a fifty day moving average of $59.30 and a 200-day moving average of $56.13.

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). 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.