Eclectic Associates Inc. ADV Takes Position in iShares MSCI Emerging Markets ETF $EEM

Eclectic Associates Inc. ADV bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, Holdings Channel.com reports. The fund bought 7,483 shares of the exchange traded fund’s stock, valued at approximately $409,000.

Several other hedge funds and other institutional investors have also bought and sold shares of EEM. Brighton Jones LLC grew its holdings in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares during the period. AQR Capital Management LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 13.3% during the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after purchasing an additional 9,437 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth approximately $3,957,000. Gamco Investors INC. ET AL bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth approximately $462,000. Finally, Quantinno Capital Management LP lifted its stake in iShares MSCI Emerging Markets ETF by 3.1% in the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after buying an additional 1,320 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $67.49 on Thursday. The stock’s 50 day moving average price is $59.90 and its two-hundred day moving average price is $57.63. The stock has a market capitalization of $29.88 billion, a price-to-earnings 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 $67.59.

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.