Ackerman Capital Advisors LLC Purchases Shares of 44,091 iShares MSCI Emerging Markets ETF $EEM

Ackerman Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 44,091 shares of the exchange traded fund’s stock, valued at approximately $2,412,000.

Several other institutional investors and hedge funds 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 during the 4th quarter valued at about $25,000. BTG Pactual Asset Management US LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 101.3% during 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 purchasing an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $31,000. Woodside Wealth Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $33,000. Finally, Accredited Wealth Management LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 42.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 206 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $64.59 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.86. The stock’s 50-day moving average is $63.60 and its 200 day moving average is $59.48. The firm has a market cap of $28.60 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73.

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.