Caprock Group LLC Invests $484,000 in iShares MSCI Emerging Markets ETF $EEM

Caprock Group LLC bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 9,702 shares of the exchange traded fund’s stock, valued at approximately $484,000.

Other institutional investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc raised its holdings 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 valued at $25,000 after purchasing an additional 366 shares in the last quarter. Richardson Capital Management LLC purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at $33,000. Heartwood Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at $37,000. Traub Capital Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at $34,000. Finally, LFA Lugano Financial Advisors SA purchased a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $60.87 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $61.90. The stock has a market cap of $27.75 billion, a P/E ratio of 14.46 and a beta of 0.64. The stock has a 50-day simple moving average of $57.32 and a 200-day simple moving average of $54.43.

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.