Robertson Stephens Wealth Management LLC Buys 62,347 Shares of iShares MSCI Emerging Markets ETF $EEM

Robertson Stephens Wealth Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 117.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,549 shares of the exchange traded fund’s stock after purchasing an additional 62,347 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,322,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of EEM. Brighton Jones LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after buying an additional 1,940 shares during the period. AQR Capital Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $3,957,000. Gamco Investors INC. ET AL acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $462,000. Finally, Quantinno Capital Management LP lifted its holdings 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. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $64.13 on Friday. The company’s 50 day simple moving average is $59.72 and its 200 day simple moving average is $57.40. iShares MSCI Emerging Markets ETF has a fifty-two week low of $44.52 and a fifty-two week high of $65.96. The firm has a market capitalization of $28.40 billion, a P/E ratio of 14.46 and a beta of 0.71.

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.