Westmount Partners LLC Grows Holdings in iShares MSCI Emerging Markets ETF $EEM

Westmount Partners LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 83.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,505 shares of the exchange traded fund’s stock after purchasing an additional 8,866 shares during the quarter. Westmount Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,108,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. MidAtlantic Capital Management Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $25,000. BTG Pactual Asset Management US LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 46,071 shares during the period. Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $31,000. Finally, MidFirst Bank purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $70.79 on Friday. The business’s 50 day moving average is $65.85 and its 200 day moving average is $60.47. The stock has a market cap of $31.35 billion, a P/E ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 52-week low of $46.15 and a 52-week high of $70.92.

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.