Constant Guidance Financial LLC Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Constant Guidance Financial LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,764 shares of the exchange traded fund’s stock, valued at approximately $668,000. iShares MSCI Emerging Markets ETF makes up about 0.5% of Constant Guidance Financial LLC’s investment portfolio, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in EEM. Brighton Jones LLC increased its position in iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares during the period. AQR Capital Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after acquiring an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $3,957,000. Gamco Investors INC. ET AL purchased a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $462,000. Finally, Quantinno Capital Management LP grew its position in shares of iShares MSCI Emerging Markets ETF by 3.1% during the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after acquiring an additional 1,320 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $62.36 on Wednesday. The firm’s fifty day simple moving average is $66.81 and its 200-day simple moving average is $62.65. iShares MSCI Emerging Markets ETF has a 12 month low of $47.98 and a 12 month high of $71.57. The stock has a market capitalization of $28.03 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72.

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.