Rathbones Group PLC Increases Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Rathbones Group PLC boosted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 153,122 shares of the exchange traded fund’s stock after buying an additional 22,021 shares during the quarter. Rathbones Group PLC’s holdings in iShares MSCI Emerging Markets ETF were worth $8,696,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in EEM. MidAtlantic Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $25,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at about $27,000. BTG Pactual Asset Management US LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the 3rd 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 purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $31,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $64.32 on Tuesday. The company’s 50 day simple moving average is $66.61 and its 200 day simple moving average is $62.82. iShares MSCI Emerging Markets ETF has a 1 year low of $48.56 and a 1 year high of $71.57. The stock has a market capitalization of $28.92 billion, a PE ratio of 14.46 and a beta of 0.72.

iShares MSCI Emerging Markets ETF Company 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.