Omnitrust Wealth Management Inc Acquires Shares of 80,249 iShares MSCI Emerging Markets ETF $EEM

Omnitrust Wealth Management Inc acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 80,249 shares of the exchange traded fund’s stock, valued at approximately $4,390,000. iShares MSCI Emerging Markets ETF makes up about 5.6% of Omnitrust Wealth Management Inc’s portfolio, making the stock its 8th biggest holding.

Other hedge funds have also made changes to their positions in the company. Asempa Wealth Advisors acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $593,000. Bradley Foster & Sargent Inc. CT raised its stake in iShares MSCI Emerging Markets ETF by 59.0% during the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock worth $2,795,000 after acquiring an additional 19,432 shares in the last quarter. Kelsey Financial LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $1,038,000. Allium Financial Advisors LLC raised its stake in iShares MSCI Emerging Markets ETF by 35.3% during the 3rd quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock worth $5,931,000 after acquiring an additional 28,998 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in iShares MSCI Emerging Markets ETF by 92.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after acquiring an additional 110,888 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $64.59 on Monday. The company’s fifty day moving average price is $63.60 and its 200 day moving average price is $59.52. iShares MSCI Emerging Markets ETF has a 12 month low of $46.15 and a 12 month high of $70.86. The firm has a market capitalization of $28.60 billion, a P/E ratio of 14.46 and a beta of 0.73.

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.