Allie Family Office LLC boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 171,432 shares of the exchange traded fund’s stock after purchasing an additional 12,960 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 3.9% of Allie Family Office LLC’s holdings, making the stock its 4th largest position. Allie Family Office LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,170,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in EEM. Pillar Financial Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $28,000. Compass Planning Associates Inc purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $36,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $38,000. Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $40,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $41,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Stock Performance
NYSEARCA EEM opened at $43.84 on Wednesday. The business’s fifty day moving average is $43.86 and its 200 day moving average is $43.89. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The company has a market capitalization of $16.67 billion, a PE ratio of 14.53 and a beta of 0.63.
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).
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