Ramirez Asset Management Inc. Acquires 22,836 Shares of iShares MSCI Emerging Markets ETF $EEM

Ramirez Asset Management Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 148.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 38,254 shares of the exchange traded fund’s stock after acquiring an additional 22,836 shares during the period. Ramirez Asset Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,093,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Asempa Wealth Advisors bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $593,000. Bradley Foster & Sargent Inc. CT raised its stake in iShares MSCI Emerging Markets ETF by 59.0% during the third quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock worth $2,795,000 after buying an additional 19,432 shares during the last quarter. Allium Financial Advisors LLC raised its stake in iShares MSCI Emerging Markets ETF by 35.3% during the third quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock worth $5,931,000 after buying an additional 28,998 shares during the last quarter. Kelsey Financial LLC bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $1,038,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in iShares MSCI Emerging Markets ETF by 92.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after buying an additional 110,888 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 6.5%

Shares of NYSEARCA EEM opened at $64.59 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $46.15 and a twelve month high of $70.86. The firm has a fifty day simple moving average of $63.60 and a 200 day simple moving average of $59.48. The company has a market capitalization of $28.60 billion, a PE ratio of 14.46 and a beta of 0.73.

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.