81,554 Shares in iShares MSCI Emerging Markets ETF $EEM Bought by Avalon Capital Management

Avalon Capital Management acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 81,554 shares of the exchange traded fund’s stock, valued at approximately $4,462,000. iShares MSCI Emerging Markets ETF accounts for approximately 1.1% of Avalon Capital Management’s investment portfolio, making the stock its 25th biggest position.

A number of other large investors have also added to or reduced their stakes in EEM. Hazlett Burt & Watson Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 5.3% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after buying an additional 169 shares during the last quarter. Resonant Capital Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 1.4% in the fourth quarter. Resonant Capital Advisors LLC now owns 14,036 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 195 shares during the last quarter. Van Hulzen Asset Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.8% during the fourth quarter. Van Hulzen Asset Management LLC now owns 5,531 shares of the exchange traded fund’s stock worth $303,000 after purchasing an additional 200 shares during the last quarter. Welch & Forbes LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 1.3% in the fourth quarter. Welch & Forbes LLC now owns 15,432 shares of the exchange traded fund’s stock worth $844,000 after buying an additional 200 shares during the last quarter. Finally, Aspiriant LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.5% in the 4th quarter. Aspiriant LLC now owns 39,780 shares of the exchange traded fund’s stock worth $2,176,000 after purchasing an additional 204 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $69.92 on Thursday. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.86. The firm has a market cap of $30.96 billion, a PE ratio of 14.46 and a beta of 0.71. The firm’s fifty day moving average is $63.20 and its 200 day moving average is $59.35.

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). 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.