Cetera Investment Advisers Has $16.43 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Cetera Investment Advisers boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 392,939 shares of the exchange traded fund’s stock after purchasing an additional 29,388 shares during the quarter. Cetera Investment Advisers’ holdings in iShares MSCI Emerging Markets ETF were worth $16,433,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pillar Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $28,000. Navigoe LLC acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $30,000. Compass Planning Associates Inc acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $36,000. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth $38,000. Finally, Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $40,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $44.91 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $47.44. The stock has a market capitalization of $16.92 billion, a P/E ratio of 13.13 and a beta of 0.63. The stock has a fifty day moving average of $43.28 and a 200-day moving average of $43.31.

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).