Belpointe Asset Management LLC Has $2.94 Million Stake in iShares MSCI Emerging Markets ETF $EEM

Belpointe Asset Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 22.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,704 shares of the exchange traded fund’s stock after buying an additional 9,926 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,938,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Earned Wealth Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $1,559,000. Fortitude Financial LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $865,000. Elevated Capital Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $31,000. 5T Wealth LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 5.6% in the fourth quarter. 5T Wealth LLC now owns 5,985 shares of the exchange traded fund’s stock valued at $327,000 after purchasing an additional 319 shares during the last quarter. Finally, Birch Hill Investment Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 16.6% in the fourth quarter. Birch Hill Investment Advisors LLC now owns 44,167 shares of the exchange traded fund’s stock valued at $2,416,000 after purchasing an additional 6,300 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $63.18 on Tuesday. The company has a market cap of $27.98 billion, a P/E ratio of 14.46 and a beta of 0.66. The stock’s 50-day moving average is $59.39 and its 200-day moving average is $56.93. iShares MSCI Emerging Markets ETF has a 52-week low of $41.61 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.