New York University Takes Position in iShares MSCI Emerging Markets ETF $EEM

New York University bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 55,741 shares of the exchange traded fund’s stock, valued at approximately $3,050,000. iShares MSCI Emerging Markets ETF accounts for about 100.0% of New York University’s holdings, making the stock its largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Midwest Financial Partners Investments Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $207,000. Van Hulzen Asset Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 3.8% in the 4th quarter. Van Hulzen Asset Management LLC now owns 5,531 shares of the exchange traded fund’s stock valued at $303,000 after buying an additional 200 shares during the period. Global Retirement Partners LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 32.3% in the 4th quarter. Global Retirement Partners LLC now owns 148,675 shares of the exchange traded fund’s stock valued at $8,134,000 after buying an additional 36,310 shares during the period. Financial Synergies Wealth Advisors Inc. increased its stake in shares of iShares MSCI Emerging Markets ETF by 0.9% in the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 81,568 shares of the exchange traded fund’s stock valued at $4,463,000 after buying an additional 691 shares during the period. Finally, Rathbones Group PLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 6.3% in the 4th quarter. Rathbones Group PLC now owns 131,101 shares of the exchange traded fund’s stock valued at $7,173,000 after buying an additional 7,713 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $66.03 on Friday. The stock has a fifty day moving average of $61.23 and a 200-day moving average of $58.50. The stock has a market capitalization of $29.24 billion, a P/E ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 52 week low of $45.23 and a 52 week high of $68.15.

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). 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.