Glaxis Capital Management LLC Increases Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Glaxis Capital Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 147.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,000 shares of the exchange traded fund’s stock after acquiring an additional 53,580 shares during the quarter. iShares MSCI Emerging Markets ETF comprises approximately 8.3% of Glaxis Capital Management LLC’s holdings, making the stock its 3rd largest holding. Glaxis Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,924,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Hazlett Burt & Watson Inc. lifted its position in iShares MSCI Emerging Markets ETF by 5.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after purchasing an additional 169 shares during the period. Resonant Capital Advisors LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 1.4% in the 4th quarter. Resonant Capital Advisors LLC now owns 14,036 shares of the exchange traded fund’s stock valued at $768,000 after acquiring an additional 195 shares during the last quarter. Van Hulzen Asset Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 3.8% in the 4th quarter. Van Hulzen Asset Management LLC now owns 5,531 shares of the exchange traded fund’s stock valued at $303,000 after acquiring an additional 200 shares during the last quarter. Welch & Forbes LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 1.3% in the 4th quarter. Welch & Forbes LLC now owns 15,432 shares of the exchange traded fund’s stock valued at $844,000 after acquiring an additional 200 shares during the last quarter. Finally, Aspiriant LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 0.5% in the 4th quarter. Aspiriant LLC now owns 39,780 shares of the exchange traded fund’s stock valued at $2,176,000 after acquiring an additional 204 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $67.50 on Friday. The stock has a market cap of $29.89 billion, a PE ratio of 14.46 and a beta of 0.73. The stock has a 50-day moving average of $64.43 and a 200-day moving average of $59.87. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.86.

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.