Ashton Thomas Private Wealth LLC increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 30.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,589 shares of the exchange traded fund’s stock after purchasing an additional 21,352 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,011,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of EEM. Clal Insurance Enterprises Holdings Ltd acquired a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $407,231,000. National Bank of Canada FI lifted its stake in iShares MSCI Emerging Markets ETF by 21,534.1% during the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after acquiring an additional 1,969,944 shares during the period. Duquesne Family Office LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $101,460,000. SPX Gestao de Recursos Ltda lifted its stake in iShares MSCI Emerging Markets ETF by 1,133.3% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock valued at $79,032,000 after acquiring an additional 1,360,000 shares during the period. Finally, Greenfield FTC Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $43,076,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Price Performance
EEM opened at $63.64 on Tuesday. The firm has a fifty day moving average price of $59.59 and a 200 day moving average price of $57.24. iShares MSCI Emerging Markets ETF has a 1 year low of $43.32 and a 1 year high of $65.96. The stock has a market cap of $28.18 billion, a P/E ratio of 14.46 and a beta of 0.66.
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.
See Also
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