Verdence Capital Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 198,536 shares of the exchange traded fund’s stock after buying an additional 10,576 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $8,303,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Compass Planning Associates Inc purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $36,000. Teachers Insurance & Annuity Association of America purchased a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $37,000. Creative Capital Management Investments LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $38,000. Atmos Advisory LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $40,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Trading Up 0.8 %
NYSEARCA:EEM opened at $43.19 on Wednesday. The company has a market cap of $16.00 billion, a PE ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The company’s 50 day moving average is $42.88 and its two-hundred day moving average is $43.69.
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).
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