BluePointe Capital Management LLC Has $747,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

BluePointe Capital Management LLC lessened its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,864 shares of the exchange traded fund’s stock after selling 1,423 shares during the period. BluePointe Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $747,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of EEM. Pillar Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $28,000. Compass Planning Associates Inc bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $36,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $37,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $38,000. Finally, Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $40,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $45.22 on Thursday. The firm has a market cap of $17.13 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The stock’s 50-day moving average is $43.38 and its 200-day moving average is $43.76.

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).