CIBC Private Wealth Group LLC Purchases 7,226 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

CIBC Private Wealth Group LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 972,291 shares of the exchange traded fund’s stock after buying an additional 7,226 shares during the period. CIBC Private Wealth Group LLC owned about 0.26% of iShares MSCI Emerging Markets ETF worth $40,642,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. GM Advisory Group LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock valued at $1,107,000 after buying an additional 448 shares in the last quarter. QRG Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $205,000. Jones Financial Companies Lllp boosted its stake in shares of iShares MSCI Emerging Markets ETF by 70.3% in the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 5,063 shares in the last quarter. Carret Asset Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 4.2% in the 4th quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock worth $881,000 after purchasing an additional 857 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 25.0% during the 4th quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock worth $19,765,000 after purchasing an additional 94,633 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.9 %

Shares of EEM stock opened at $43.77 on Monday. The company has a market capitalization of $16.58 billion, a P/E ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The firm has a 50-day moving average price of $43.80 and a 200 day moving average price of $43.87.

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).