Harvest Investment Advisors LLC Takes Position in iShares MSCI Emerging Markets ETF $EEM

Harvest Investment Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 108,969 shares of the exchange traded fund’s stock, valued at approximately $5,962,000. iShares MSCI Emerging Markets ETF accounts for about 3.4% of Harvest Investment Advisors LLC’s portfolio, making the stock its 5th biggest holding.

A number of other hedge funds have also bought and sold shares of EEM. Asempa Wealth Advisors acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $593,000. Bradley Foster & Sargent Inc. CT increased its position in shares of iShares MSCI Emerging Markets ETF by 59.0% in the third quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock worth $2,795,000 after purchasing an additional 19,432 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of iShares MSCI Emerging Markets ETF by 92.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after purchasing an additional 110,888 shares during the period. Kelsey Financial LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $1,038,000. Finally, Allium Financial Advisors LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 35.3% in the third quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock worth $5,931,000 after purchasing an additional 28,998 shares during the period. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $68.64 on Wednesday. iShares MSCI Emerging Markets ETF has a 52 week low of $46.15 and a 52 week high of $70.86. The stock has a market capitalization of $30.39 billion, a P/E ratio of 14.46 and a beta of 0.73. The stock’s fifty day moving average is $65.15 and its 200 day moving average is $60.18.

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.