Connective Portfolio Management LLC Takes Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Connective Portfolio Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 40,000 shares of the exchange traded fund’s stock, valued at approximately $1,673,000. iShares MSCI Emerging Markets ETF accounts for approximately 2.5% of Connective Portfolio Management LLC’s portfolio, making the stock its 14th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Clarus Wealth Advisors increased its holdings in shares of iShares MSCI Emerging Markets ETF by 0.7% in the third quarter. Clarus Wealth Advisors now owns 33,534 shares of the exchange traded fund’s stock worth $1,588,000 after acquiring an additional 232 shares in the last quarter. Rockland Trust Co. increased its stake in iShares MSCI Emerging Markets ETF by 0.8% during the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after purchasing an additional 260 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in iShares MSCI Emerging Markets ETF by 1.2% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock worth $1,123,000 after buying an additional 279 shares during the period. One Wealth Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 2.6% during the 3rd quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 280 shares during the period. Finally, Chesapeake Wealth Management lifted its stake in iShares MSCI Emerging Markets ETF by 2.1% in the second quarter. Chesapeake Wealth Management now owns 16,661 shares of the exchange traded fund’s stock valued at $710,000 after buying an additional 346 shares in 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 $41.81 on Thursday. iShares MSCI Emerging Markets ETF has a 12-month low of $37.48 and a 12-month high of $47.44. The firm has a fifty day moving average of $43.01 and a 200-day moving average of $43.56.

iShares MSCI Emerging Markets ETF 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).