Arrowpoint Investment Partners Singapore Pte. Ltd. Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,000 shares of the exchange traded fund’s stock, valued at approximately $534,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Versant Capital Management Inc raised its holdings in shares of iShares MSCI Emerging Markets ETF by 369.7% in the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 366 shares during the last quarter. BTG Pactual Asset Management US LLC lifted its position in 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 worth $30,000 after buying an additional 46,071 shares in the last quarter. Richardson Capital Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $33,000. Traub Capital Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $34,000. Finally, Heartwood Wealth Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $37,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $56.80 on Friday. The stock has a 50 day moving average price of $59.38 and a 200 day moving average price of $55.66. The stock has a market capitalization of $25.89 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $65.96.

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.