Addison Capital Co Takes Position in iShares MSCI Emerging Markets ETF $EEM

Addison Capital Co bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the first quarter, HoldingsChannel reports. The firm bought 11,879 shares of the exchange traded fund’s stock, valued at approximately $675,000.

Several other large investors also recently modified their holdings of EEM. MidAtlantic Capital Management Inc. bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $25,000. Merkkuri Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the first quarter worth $27,000. BTG Pactual Asset Management US LLC lifted its stake in iShares MSCI Emerging Markets ETF by 101.3% in 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. Finally, Elevated Capital Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $31,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.8%

Shares of iShares MSCI Emerging Markets ETF stock opened at $66.23 on Thursday. The company’s fifty day simple moving average is $67.11 and its two-hundred day simple moving average is $61.71. The company has a market cap of $29.33 billion, a P/E ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 12-month low of $47.98 and a 12-month 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.