Oppenheimer Asset Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 48.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 102,383 shares of the exchange traded fund’s stock after buying an additional 33,217 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $4,282,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Compass Planning Associates Inc acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $36,000. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $37,000. Creative Capital Management Investments LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $38,000. Atmos Advisory LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $40,000. Finally, CarsonAllaria Wealth Management Ltd. boosted its position in iShares MSCI Emerging Markets ETF by 40.0% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the period. 81.39% of the stock is owned by institutional investors.
iShares MSCI Emerging Markets ETF Price Performance
Shares of EEM opened at $43.21 on Friday. The company’s 50-day moving average is $42.86 and its 200-day moving average is $43.68. The firm has a market capitalization of $16.00 billion, a PE ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44.
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).
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