iShares MSCI Emerging Markets ETF $EEM Shares Acquired by Rainier Family Wealth Inc.

Rainier Family Wealth Inc. boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 289.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 37,387 shares of the exchange traded fund’s stock after buying an additional 27,795 shares during the period. iShares MSCI Emerging Markets ETF accounts for about 1.4% of Rainier Family Wealth Inc.’s holdings, making the stock its 23rd largest holding. Rainier Family Wealth Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,123,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Founders Financial Securities LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock worth $3,148,000 after purchasing an additional 163 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after buying an additional 169 shares in the last quarter. Cim LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 3.0% in the fourth quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 182 shares in the last quarter. Nicolet Advisory Services LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 2.9% during the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after buying an additional 184 shares during the last quarter. Finally, Vivaldi Capital Management LP raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock worth $609,000 after buying an additional 186 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.6%

iShares MSCI Emerging Markets ETF stock opened at $71.21 on Tuesday. The firm has a market capitalization of $31.53 billion, a PE 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 $71.57. The firm’s 50-day simple moving average is $66.07 and its 200 day simple moving average is $60.63.

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.