Oppenheimer Asset Management Inc. Has $6.68 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Oppenheimer Asset Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 26.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,162 shares of the exchange traded fund’s stock after buying an additional 25,225 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,683,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in EEM. Versant Capital Management Inc grew its position in iShares MSCI Emerging Markets ETF by 369.7% during the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 366 shares in the last quarter. BTG Pactual Asset Management US LLC grew its position in 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 buying an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Richardson Capital Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth about $33,000. Finally, Woodside Wealth Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $33,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.2%

EEM stock opened at $64.13 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $44.52 and a twelve month high of $65.96. The company has a market cap of $28.40 billion, a PE ratio of 14.46 and a beta of 0.71. The business’s 50-day simple moving average is $59.72 and its 200 day simple moving average is $57.43.

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.