38,148 Shares in iShares MSCI Emerging Markets ETF $EEM Bought by Kropog Financial Group LLC

Kropog Financial Group LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the first quarter, according to its most recent filing with the SEC. The firm acquired 38,148 shares of the exchange traded fund’s stock, valued at approximately $2,166,000. iShares MSCI Emerging Markets ETF comprises about 1.8% of Kropog Financial Group LLC’s holdings, making the stock its 11th largest position.

Several other institutional investors also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $25,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter worth about $27,000. BTG Pactual Asset Management US LLC raised 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 worth $30,000 after purchasing an additional 46,071 shares in the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 2.8%

Shares of NYSEARCA:EEM opened at $66.48 on Thursday. The company has a market cap of $29.44 billion, a P/E ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 52 week low of $47.96 and a 52 week high of $71.57. The company has a 50-day moving average price of $66.80 and a 200 day moving average price of $61.26.

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.