RPS Advisory Solutions LLC Makes New $796,000 Investment in iShares MSCI Emerging Markets ETF $EEM

RPS Advisory Solutions LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, HoldingsChannel reports. The fund acquired 14,557 shares of the exchange traded fund’s stock, valued at approximately $796,000.

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc grew its stake 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 during the period. BTG Pactual Asset Management US LLC grew its stake 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 during the period. Elevated Capital Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $31,000. Richardson Capital Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth approximately $33,000. Finally, Woodside Wealth Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $33,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 1.1%

EEM opened at $64.26 on Wednesday. iShares MSCI Emerging Markets ETF has a 52-week low of $45.23 and a 52-week high of $68.15. The company has a 50 day moving average of $60.94 and a two-hundred day moving average of $58.35. The company has a market cap of $28.45 billion, a P/E ratio of 14.46 and a beta of 0.71.

iShares MSCI Emerging Markets ETF 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). 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.