Westport Asset Management Inc. Takes $6.84 Million Position in iShares MSCI Emerging Markets ETF $EEM

Westport Asset Management Inc. acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 100,000 shares of the exchange traded fund’s stock, valued at approximately $6,841,000. iShares MSCI Emerging Markets ETF accounts for approximately 2.8% of Westport Asset Management Inc.’s investment portfolio, making the stock its 12th largest position.

Other large investors have also made changes to their positions in the company. Founders Financial Securities LLC grew its holdings in iShares MSCI Emerging Markets ETF by 0.3% in the 1st quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after buying an additional 163 shares during the last quarter. Arcus Capital Partners LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.0% during the first quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock worth $959,000 after buying an additional 167 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after acquiring an additional 169 shares during the period. Cim LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 3.0% in the fourth quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after acquiring an additional 182 shares during the period. Finally, Nicolet Advisory Services LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 2.9% in the fourth quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after acquiring an additional 184 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.2%

Shares of iShares MSCI Emerging Markets ETF stock opened at $66.11 on Thursday. iShares MSCI Emerging Markets ETF has a 1 year low of $49.35 and a 1 year high of $71.57. The company’s fifty day simple moving average is $66.14 and its 200-day simple moving average is $63.42. The company has a market cap of $29.72 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

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.