Harbour Investments Inc. Increases Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Harbour Investments Inc. increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,861 shares of the exchange traded fund’s stock after purchasing an additional 3,129 shares during the period. Harbour Investments Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,169,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. lifted its position in iShares MSCI Emerging Markets ETF by 256.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 55,144 shares of the exchange traded fund’s stock worth $2,306,000 after acquiring an additional 39,670 shares during the period. Family Firm Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 12.2% during the fourth quarter. Family Firm Inc. now owns 61,499 shares of the exchange traded fund’s stock worth $2,572,000 after purchasing an additional 6,704 shares during the period. Poinciana Advisors Group LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $1,897,000. Carret Asset Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 4.2% in the 4th quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock worth $881,000 after buying an additional 857 shares during the period. Finally, Midwest Professional Planners LTD. increased its stake in shares of iShares MSCI Emerging Markets ETF by 5.5% in the fourth quarter. Midwest Professional Planners LTD. now owns 29,727 shares of the exchange traded fund’s stock worth $1,243,000 after acquiring an additional 1,551 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $45.34 on Tuesday. The stock has a 50-day simple moving average of $43.25 and a two-hundred day simple moving average of $43.74. The firm has a market capitalization of $17.18 billion, a P/E ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44.

iShares MSCI Emerging Markets ETF Company 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).