Bayban purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 20,682 shares of the exchange traded fund’s stock, valued at approximately $1,132,000. iShares MSCI Emerging Markets ETF comprises about 1.0% of Bayban’s investment portfolio, making the stock its 18th biggest position.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. MidAtlantic Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $25,000. BTG Pactual Asset Management US LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $31,000. Finally, MidFirst Bank bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. 81.39% of the stock is owned by institutional investors.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of EEM opened at $70.79 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $46.15 and a 52 week high of $70.92. The stock has a market capitalization of $31.35 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The stock has a fifty day moving average of $65.85 and a 200-day moving average of $60.47.
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.
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