iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 178,350 shares of the exchange traded fund’s stock after acquiring an additional 24,679 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $9,758,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the period. AQR Capital Management LLC raised its position in 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 valued at $3,507,000 after purchasing an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $3,957,000. Gamco Investors INC. ET AL purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $462,000. Finally, Quantinno Capital Management LP raised its position in 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 purchasing an additional 1,320 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $62.20 on Thursday. The business’s 50-day moving average is $59.19 and its two-hundred day moving average is $56.71. iShares MSCI Emerging Markets ETF has a 12 month low of $41.43 and a 12 month high of $65.96. The firm has a market capitalization of $27.54 billion, a PE ratio of 14.46 and a beta of 0.66.

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.