iShares MSCI Emerging Markets ETF $EEM Shares Newly Acquired by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, Holdings Channel.com reports. The fund bought 60,482 shares of the exchange traded fund’s stock, valued at approximately $3,750,000.

Several other hedge funds have also recently added to or reduced their stakes in EEM. XP Advisory US Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $566,000. IFP Advisors Inc lifted its stake in iShares MSCI Emerging Markets ETF by 233.9% in the 2nd quarter. IFP Advisors Inc now owns 103,859 shares of the exchange traded fund’s stock valued at $7,105,000 after buying an additional 72,758 shares in the last quarter. First Heartland Consultants Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $17,116,000. Heritage Investors Management Corp purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $2,322,000. Finally, Buska Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 77.9% during the 3rd quarter. Buska Wealth Management LLC now owns 74,384 shares of the exchange traded fund’s stock valued at $4,968,000 after buying an additional 32,561 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $58.05 on Friday. The business’s fifty day moving average price is $65.60 and its two-hundred day moving average price is $63.87. The stock has a market cap of $26.91 billion, a PE ratio of 14.46 and a beta of 0.77. iShares MSCI Emerging Markets ETF has a one year low of $52.38 and a one year high of $71.57.

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). 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.