Advisortrust Partners LLC Makes New $11.04 Million Investment in iShares MSCI Emerging Markets ETF $EEM

Advisortrust Partners LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 194,493 shares of the exchange traded fund’s stock, valued at approximately $11,045,000. iShares MSCI Emerging Markets ETF accounts for about 4.6% of Advisortrust Partners LLC’s holdings, making the stock its 5th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $3,957,000. Gamco Investors INC. ET AL purchased a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $462,000. Finally, Quantinno Capital Management LP raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% in the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after acquiring an additional 1,320 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.4%

Shares of EEM stock opened at $63.29 on Friday. The firm has a market cap of $28.02 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 52-week low of $47.98 and a 52-week high of $71.57. The company’s 50 day moving average is $67.11 and its 200 day moving average is $62.20.

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.