Trek Financial LLC Purchases Shares of 379,465 iShares MSCI Emerging Markets ETF $EEM

Trek Financial LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 379,465 shares of the exchange traded fund’s stock, valued at approximately $20,761,000. iShares MSCI Emerging Markets ETF makes up about 1.2% of Trek Financial LLC’s portfolio, making the stock its 16th largest holding. Trek Financial LLC owned approximately 0.09% of iShares MSCI Emerging Markets ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EEM. Versant Capital Management Inc raised its holdings in shares of iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 366 shares in the last quarter. BTG Pactual Asset Management US LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $31,000. Richardson Capital Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $33,000. Finally, Woodside Wealth Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.1%

Shares of NYSEARCA EEM opened at $67.89 on Tuesday. The stock’s 50-day moving average is $60.18 and its 200 day moving average is $57.91. The stock has a market cap of $30.06 billion, a price-to-earnings ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 1-year low of $45.23 and a 1-year high of $68.15.

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.