Weil Company Inc. Acquires 1,173 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Weil Company Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 53,809 shares of the exchange traded fund’s stock after purchasing an additional 1,173 shares during the period. Weil Company Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,250,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEM. Allspring Global Investments Holdings LLC increased its position in iShares MSCI Emerging Markets ETF by 41.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 45,133 shares of the exchange traded fund’s stock valued at $1,887,000 after acquiring an additional 13,160 shares in the last quarter. Bleakley Financial Group LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $204,000. Harbour Investments Inc. raised its position in iShares MSCI Emerging Markets ETF by 5.8% in the 3rd quarter. Harbour Investments Inc. now owns 48,732 shares of the exchange traded fund’s stock worth $2,235,000 after purchasing an additional 2,653 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 44.6% during the 4th quarter. Sanctuary Advisors LLC now owns 127,543 shares of the exchange traded fund’s stock worth $5,511,000 after buying an additional 39,361 shares in the last quarter. Finally, Arlington Financial Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $670,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $44.24 on Wednesday. The stock has a market capitalization of $16.38 billion, a P/E ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The stock has a fifty day moving average of $42.76 and a 200-day moving average of $43.66.

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).