Keel Point LLC Raises Stock Position in iShares MSCI Emerging Markets ETF $EEM

Keel Point LLC boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 202,152 shares of the exchange traded fund’s stock after purchasing an additional 8,460 shares during the period. iShares MSCI Emerging Markets ETF makes up 0.7% of Keel Point LLC’s holdings, making the stock its 25th largest holding. Keel Point LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,060,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $407,231,000. LPL Financial LLC grew its stake in iShares MSCI Emerging Markets ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after acquiring an additional 196,473 shares in the last quarter. Mariner LLC grew its stake in iShares MSCI Emerging Markets ETF by 23.8% during the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after acquiring an additional 447,010 shares in the last quarter. Raymond James Financial Inc. grew its stake in iShares MSCI Emerging Markets ETF by 18.3% during the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after acquiring an additional 313,978 shares in the last quarter. Finally, National Bank of Canada FI grew its stake in iShares MSCI Emerging Markets ETF by 21,534.1% during the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after acquiring an additional 1,969,944 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 iShares MSCI Emerging Markets ETF stock opened at $67.50 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $46.15 and a 1 year high of $70.86. The firm has a market cap of $29.89 billion, a PE ratio of 14.46 and a beta of 0.73. The company has a 50 day simple moving average of $64.43 and a two-hundred day simple moving average of $59.87.

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.