Pinkerton Wealth LLC Has $24.37 Million Position in iShares MSCI Emerging Markets ETF $EEM

Pinkerton Wealth LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 445,483 shares of the exchange traded fund’s stock after selling 27,909 shares during the period. iShares MSCI Emerging Markets ETF accounts for 2.5% of Pinkerton Wealth LLC’s portfolio, making the stock its 13th largest holding. Pinkerton Wealth LLC owned 0.10% of iShares MSCI Emerging Markets ETF worth $24,372,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EEM. Brighton Jones LLC increased its holdings in iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares during the last quarter. AQR Capital Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 13.3% during the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after purchasing an additional 9,437 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $3,957,000. Gamco Investors INC. ET AL acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $462,000. Finally, Quantinno Capital Management LP grew its holdings in iShares MSCI Emerging Markets ETF by 3.1% during the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after purchasing an additional 1,320 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.9%

Shares of EEM stock opened at $65.46 on Thursday. iShares MSCI Emerging Markets ETF has a 12 month low of $45.23 and a 12 month high of $68.15. The business’s 50 day moving average is $61.08 and its two-hundred day moving average is $58.42. The company has a market cap of $28.99 billion, a PE ratio of 14.46 and a beta of 0.71.

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). 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.