Advisors Preferred LLC Acquires Shares of 34,498 iShares MSCI Emerging Markets ETF $EEM

Advisors Preferred LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 34,498 shares of the exchange traded fund’s stock, valued at approximately $1,959,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth $25,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth $27,000. BTG Pactual Asset Management US LLC boosted its position in iShares MSCI Emerging Markets ETF by 101.3% in the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $65.67 on Wednesday. The company has a market capitalization of $29.08 billion, a PE ratio of 14.46 and a beta of 0.72. The business has a fifty day moving average price of $67.29 and a two-hundred day moving average price of $62.05. iShares MSCI Emerging Markets ETF has a 1 year low of $47.98 and a 1 year high of $71.57.

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.