iShares MSCI Emerging Markets ETF $EEM Shares Newly Bought by Carret Asset Management LLC

Carret Asset Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,516 shares of the exchange traded fund’s stock, valued at approximately $1,838,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Edgemoor Investment Advisors Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at $69,000. Avantax Planning Partners Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $2,221,000. Brighton Jones LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $6,755,000. StoneX Group Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $15,719,000. Finally, Axiom Investment Management LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $80,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $59.33 on Monday. The stock has a 50-day moving average of $65.43 and a two-hundred day moving average of $63.88. iShares MSCI Emerging Markets ETF has a one year low of $52.38 and a one year high of $71.57. The stock has a market cap of $27.50 billion, a P/E ratio of 14.46 and a beta of 0.77.

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.