Bleakley Financial Group LLC Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Bleakley Financial Group LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 11,624 shares of the exchange traded fund’s stock, valued at approximately $636,000.

A number of other large investors have also recently bought and sold shares of the business. BTG Pactual Asset Management US LLC grew its stake in shares of 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 buying an additional 46,071 shares during the period. Elevated Capital Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $31,000. Woodside Wealth Management LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $33,000. Accredited Wealth Management LLC boosted its stake 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 valued at $37,000 after purchasing an additional 206 shares during the last quarter. Finally, Painted Porch Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $37,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $68.60 on Friday. The company has a market capitalization of $30.38 billion, a P/E ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 52-week low of $45.23 and a 52-week high of $69.11. The business has a 50-day simple moving average of $62.40 and a two-hundred day simple moving average of $59.01.

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.