Providence First Trust Co Invests $1.95 Million in iShares MSCI Emerging Markets ETF $EEM

Providence First Trust Co acquired 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 institutional investor acquired 35,700 shares of the exchange traded fund’s stock, valued at approximately $1,953,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Versant Capital Management Inc lifted its position 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 worth $25,000 after purchasing an additional 366 shares during the period. Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $31,000. BTG Pactual Asset Management US LLC increased its holdings in 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 buying an additional 46,071 shares during the period. Woodside Wealth Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $33,000. Finally, Richardson Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $33,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 2.0%

iShares MSCI Emerging Markets ETF stock opened at $65.40 on Wednesday. The firm has a market cap of $28.96 billion, a P/E ratio of 14.46 and a beta of 0.71. The business has a fifty day moving average of $59.78 and a two-hundred day moving average of $57.54. iShares MSCI Emerging Markets ETF has a twelve month low of $44.52 and a twelve month high of $65.96.

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.