World Investment Advisors Acquires 28,435 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

World Investment Advisors raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 140.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,660 shares of the exchange traded fund’s stock after purchasing an additional 28,435 shares during the period. World Investment Advisors’ holdings in iShares MSCI Emerging Markets ETF were worth $2,035,000 at the end of the most recent reporting period.

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

iShares MSCI Emerging Markets ETF Stock Down 5.6 %

Shares of NYSEARCA EEM opened at $40.58 on Friday. The business has a 50-day simple moving average of $43.84 and a two-hundred day simple moving average of $43.86. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The company has a market cap of $15.43 billion, a P/E ratio of 14.53 and a beta of 0.63.

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).