Jump Financial LLC Makes New Investment in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Jump Financial LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, HoldingsChannel reports. The firm purchased 25,486 shares of the exchange traded fund’s stock, valued at approximately $1,066,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Pillar Financial Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $28,000. Compass Planning Associates Inc purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $36,000. Creative Capital Management Investments LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $38,000. Atmos Advisory LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $40,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $41,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.8 %

NYSEARCA EEM opened at $41.92 on Monday. The stock has a market cap of $15.94 billion, a price-to-earnings ratio of 14.53 and a beta of 0.63. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $47.44. The business has a fifty day moving average of $43.34 and a 200-day moving average of $43.49.

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).