Prudential PLC Purchases 14,700 Shares of iShares MSCI Emerging Markets ETF $EEM

Prudential PLC grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 329,750 shares of the exchange traded fund’s stock after acquiring an additional 14,700 shares during the period. Prudential PLC owned about 0.07% of iShares MSCI Emerging Markets ETF worth $18,041,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of EEM. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $25,000. BTG Pactual Asset Management US LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares during the period. Elevated Capital Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $31,000. Woodside Wealth Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $33,000. Finally, Accredited Wealth Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 42.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 206 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $69.10 on Friday. The firm has a 50-day moving average of $63.45 and a 200-day moving average of $59.45. The stock has a market cap of $30.60 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 $70.86.

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.