Corient Private Wealth LLC Buys 36,081 Shares of iShares MSCI Emerging Markets ETF $EEM

Corient Private Wealth LLC raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 859,387 shares of the exchange traded fund’s stock after buying an additional 36,081 shares during the period. Corient Private Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $47,024,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $25,000. BTG Pactual Asset Management US LLC raised its position 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 acquiring an additional 46,071 shares during the period. Elevated Capital Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $31,000. Finally, MidFirst Bank acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $70.79 on Monday. The firm has a market capitalization of $31.35 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The company’s 50 day simple moving average is $65.85 and its 200 day simple moving average is $60.52. iShares MSCI Emerging Markets ETF has a fifty-two week low of $46.15 and a fifty-two week high of $70.92.

iShares MSCI Emerging Markets ETF Company 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.