RPS Advisory Solutions LLC Buys Shares of 14,557 iShares MSCI Emerging Markets ETF $EEM

RPS Advisory Solutions LLC bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 14,557 shares of the exchange traded fund’s stock, valued at approximately $796,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $407,231,000. Mariner LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 23.8% in the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after purchasing an additional 447,010 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 18.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after purchasing an additional 313,978 shares in the last quarter. National Bank of Canada FI lifted its holdings in iShares MSCI Emerging Markets ETF by 21,534.1% in the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after purchasing an additional 1,969,944 shares in the last quarter. Finally, Duquesne Family Office LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $101,460,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 1.1%

NYSEARCA:EEM opened at $64.26 on Wednesday. The firm has a market cap of $28.45 billion, a price-to-earnings ratio of 14.46 and a beta of 0.71. The company’s 50-day moving average is $60.94 and its two-hundred day moving average is $58.35. iShares MSCI Emerging Markets ETF has a 12-month low of $45.23 and a 12-month high of $68.15.

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.