11,764 Shares in iShares MSCI Emerging Markets ETF $EEM Purchased by Constant Guidance Financial LLC

Constant Guidance Financial LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, Holdings Channel.com reports. The fund purchased 11,764 shares of the exchange traded fund’s stock, valued at approximately $668,000. iShares MSCI Emerging Markets ETF comprises 0.5% of Constant Guidance Financial LLC’s investment portfolio, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EEM. MidAtlantic Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Merkkuri Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter worth approximately $27,000. BTG Pactual Asset Management US LLC raised its stake in shares of 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 during the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $31,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $62.36 on Wednesday. The stock has a fifty day moving average price of $66.81 and a 200 day moving average price of $62.65. iShares MSCI Emerging Markets ETF has a 1-year low of $47.98 and a 1-year high of $71.57. The company has a market cap of $28.03 billion, a PE ratio of 14.46 and a beta of 0.72.

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.