Gallacher Capital Management LLC Buys 2,775 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Gallacher Capital Management LLC lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 53.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,994 shares of the exchange traded fund’s stock after buying an additional 2,775 shares during the period. Gallacher Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $334,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Pillar Financial Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $28,000. Compass Planning Associates Inc purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $36,000. Teachers Insurance & Annuity Association of America bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $38,000. Finally, Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $44.58 on Monday. The stock has a market capitalization of $16.89 billion, a PE ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The business’s 50-day moving average is $43.19 and its 200 day moving average is $43.72.

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).