One Capital Management LLC Invests $480,000 in iShares MSCI Emerging Markets ETF $EEM

One Capital Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 8,775 shares of the exchange traded fund’s stock, valued at approximately $480,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $25,000. BTG Pactual Asset Management US LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares during the last quarter. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Woodside Wealth Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $33,000. Finally, Accredited Wealth Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 42.7% during 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 institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 1.2%

NYSEARCA:EEM opened at $69.10 on Friday. The stock has a market cap of $30.60 billion, a P/E ratio of 14.46 and a beta of 0.73. The stock’s 50-day moving average is $63.45 and its 200-day moving average is $59.45. iShares MSCI Emerging Markets ETF has a 1-year low of $46.15 and a 1-year high of $70.86.

About iShares MSCI Emerging Markets ETF

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.