Verger Capital Management LLC Has $13.87 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Verger Capital Management LLC boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.4% in the fourth quarter, HoldingsChannel reports. The firm owned 253,418 shares of the exchange traded fund’s stock after acquiring an additional 13,011 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 4.1% of Verger Capital Management LLC’s holdings, making the stock its 8th largest holding. Verger Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $13,865,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Partners in Financial Planning grew its position in iShares MSCI Emerging Markets ETF by 14.6% in the 4th quarter. Partners in Financial Planning now owns 6,131 shares of the exchange traded fund’s stock worth $335,000 after purchasing an additional 780 shares during the period. Pines Wealth Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 2.0% in the 4th quarter. Pines Wealth Management LLC now owns 31,240 shares of the exchange traded fund’s stock worth $1,709,000 after buying an additional 622 shares during the period. Del Sette Capital Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 27.7% in the 4th quarter. Del Sette Capital Management LLC now owns 164,341 shares of the exchange traded fund’s stock worth $8,991,000 after buying an additional 35,680 shares during the period. Robertson Stephens Wealth Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 117.2% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 115,549 shares of the exchange traded fund’s stock worth $6,322,000 after buying an additional 62,347 shares during the period. Finally, Oppenheimer Asset Management Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 26.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 122,162 shares of the exchange traded fund’s stock worth $6,683,000 after purchasing an additional 25,225 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.2%

Shares of EEM stock opened at $64.13 on Friday. The stock has a market cap of $28.40 billion, a P/E ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 52 week low of $44.52 and a 52 week high of $65.96. The company’s fifty day simple moving average is $59.72 and its two-hundred day simple moving average is $57.43.

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). 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.