Rathbones Group PLC Increases Position in iShares MSCI Emerging Markets ETF $EEM

Rathbones Group PLC grew its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 131,101 shares of the exchange traded fund’s stock after acquiring an additional 7,713 shares during the quarter. Rathbones Group PLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,173,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. BTG Pactual Asset Management US LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares during the period. Elevated Capital Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. Richardson Capital Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $33,000. Woodside Wealth Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $33,000. Finally, Accredited Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 42.7% in the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 206 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.9%

NYSEARCA EEM opened at $66.03 on Friday. The firm’s fifty day simple moving average is $61.23 and its two-hundred day simple moving average is $58.50. iShares MSCI Emerging Markets ETF has a 12-month low of $45.23 and a 12-month high of $68.15. The firm 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 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.