AlTi Global Inc. Raises Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

AlTi Global Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 28.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 78,903 shares of the exchange traded fund’s stock after purchasing an additional 17,337 shares during the quarter. AlTi Global Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $4,481,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in EEM. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $25,000. Merkkuri Wealth Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $27,000. BTG Pactual Asset Management US LLC lifted its position in 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 valued at $30,000 after purchasing an additional 46,071 shares during the period. Finally, Elevated Capital Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $31,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $63.29 on Monday. 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 $28.02 billion, a P/E ratio of 14.46 and a beta of 0.72. The firm’s 50 day moving average is $67.11 and its 200 day moving average is $62.25.

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.