Greenfield FTC Inc. Invests $43.08 Million in iShares MSCI Emerging Markets ETF $EEM

Greenfield FTC Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 787,343 shares of the exchange traded fund’s stock, valued at approximately $43,076,000. iShares MSCI Emerging Markets ETF comprises about 5.7% of Greenfield FTC Inc.’s investment portfolio, making the stock its 2nd largest position. Greenfield FTC Inc. owned 0.20% of iShares MSCI Emerging Markets ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Versant Capital Management Inc boosted its holdings in 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 worth $25,000 after buying an additional 366 shares during the last quarter. BTG Pactual Asset Management US LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third 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 during the last quarter. Richardson Capital Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $33,000. Heartwood Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $37,000. Finally, Accredited Wealth Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 42.7% in the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 206 shares during the last quarter. 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 $55.20 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $65.96. The stock has a market capitalization of $25.16 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The stock has a 50 day moving average price of $59.30 and a 200 day moving average price of $56.20.

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.