Hyundai Investments Co. Ltd. Acquires Shares of 7,377 iShares MSCI Emerging Markets ETF $EEM

Hyundai Investments Co. Ltd. acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 7,377 shares of the exchange traded fund’s stock, valued at approximately $405,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EEM. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $25,000. BTG Pactual Asset Management US LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $31,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 2.8%

Shares of NYSEARCA:EEM opened at $69.75 on Tuesday. The firm has a 50 day moving average of $64.90 and a 200-day moving average of $60.08. The stock has a market capitalization of $30.89 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 12 month low of $46.15 and a 12 month high of $70.86.

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.