Capital Advisors Inc. OK Acquires New Stake in iShares MSCI Emerging Markets ETF $EEM

Capital Advisors Inc. OK bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, HoldingsChannel.com reports. The fund bought 11,720 shares of the exchange traded fund’s stock, valued at approximately $641,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at $407,231,000. Corient Private Wealth LLC increased its stake in iShares MSCI Emerging Markets ETF by 206.0% in the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after buying an additional 2,181,269 shares during the period. Mariner LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 23.8% during the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after buying an additional 447,010 shares in the last quarter. Bank of Nova Scotia lifted its holdings in iShares MSCI Emerging Markets ETF by 314.6% during the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after buying an additional 1,700,100 shares in the last quarter. Finally, Invesco Ltd. purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $100,644,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $57.23 on Thursday. The company has a market capitalization of $26.09 billion, a P/E ratio of 14.46 and a beta of 0.64. The company’s 50-day simple moving average is $59.20 and its two-hundred day simple moving average is $56.26. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $65.96.

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.