Harmony Asset Management LLC Takes Position in iShares MSCI Emerging Markets ETF $EEM

Harmony Asset Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 46,189 shares of the exchange traded fund’s stock, valued at approximately $2,623,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Asempa Wealth Advisors bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $593,000. Perigon Wealth Management LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 77.2% during the 4th quarter. Perigon Wealth Management LLC now owns 148,373 shares of the exchange traded fund’s stock worth $8,118,000 after buying an additional 64,618 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of iShares MSCI Emerging Markets ETF by 92.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after buying an additional 110,888 shares in the last quarter. Sollinda Capital Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 276.3% in the 4th quarter. Sollinda Capital Management LLC now owns 28,981 shares of the exchange traded fund’s stock worth $1,586,000 after acquiring an additional 21,280 shares during the period. Finally, Kelsey Financial LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $1,038,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $65.57 on Thursday. iShares MSCI Emerging Markets ETF has a 12-month low of $47.98 and a 12-month high of $71.57. The stock has a market capitalization of $29.03 billion, a PE ratio of 14.46 and a beta of 0.72. The firm has a 50 day simple moving average of $67.25 and a 200-day simple moving average of $62.13.

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.