Allie Family Office LLC Grows Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Allie Family Office LLC lifted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 171,432 shares of the exchange traded fund’s stock after buying an additional 12,960 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for approximately 3.9% of Allie Family Office LLC’s holdings, making the stock its 4th largest position. Allie Family Office LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,170,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Pillar Financial Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $28,000. Compass Planning Associates Inc bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $36,000. Creative Capital Management Investments LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $38,000. Atmos Advisory LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $40,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $41,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.3 %

NYSEARCA EEM opened at $43.84 on Wednesday. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The firm has a market capitalization of $16.67 billion, a price-to-earnings ratio of 14.53 and a beta of 0.63. The company has a fifty day moving average of $43.86 and a two-hundred day moving average of $43.89.

iShares MSCI Emerging Markets ETF Company Profile

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).