State of Wyoming increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 35.3% in the first quarter, HoldingsChannel reports. The firm owned 66,470 shares of the exchange traded fund’s stock after buying an additional 17,360 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 0.4% of State of Wyoming’s holdings, making the stock its 13th biggest holding. State of Wyoming’s holdings in iShares MSCI Emerging Markets ETF were worth $3,775,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 77.2% in the 4th quarter. Perigon Wealth Management LLC now owns 148,373 shares of the exchange traded fund’s stock valued at $8,118,000 after buying an additional 64,618 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares MSCI Emerging Markets ETF by 92.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock valued at $12,632,000 after acquiring an additional 110,888 shares during the last quarter. Sollinda Capital Management LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 276.3% during the 4th quarter. Sollinda Capital Management LLC now owns 28,981 shares of the exchange traded fund’s stock worth $1,586,000 after acquiring an additional 21,280 shares during the period. Kelsey Financial LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $1,038,000. Finally, Roman Butler Fullerton & Co. boosted its position in shares of iShares MSCI Emerging Markets ETF by 24.8% in the fourth quarter. Roman Butler Fullerton & Co. now owns 53,499 shares of the exchange traded fund’s stock worth $3,140,000 after acquiring an additional 10,639 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Performance
EEM opened at $64.99 on Thursday. iShares MSCI Emerging Markets ETF has a 1 year low of $47.98 and a 1 year high of $71.57. The company’s 50 day simple moving average is $66.97 and its 200 day simple moving average is $62.46. The stock has a market capitalization of $28.78 billion, a PE ratio of 14.46 and a beta of 0.72.
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). 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.
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