Vawter Financial Ltd. Takes Position in iShares MSCI Emerging Markets ETF $EEM

Vawter Financial Ltd. bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 8,308 shares of the exchange traded fund’s stock, valued at approximately $444,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc lifted its position in shares of iShares MSCI Emerging Markets ETF by 369.7% during the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 366 shares in the last quarter. Richardson Capital Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $33,000. Heartwood Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $37,000. Traub Capital Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $34,000. Finally, LFA Lugano Financial Advisors SA acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $40,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.6%

Shares of EEM stock opened at $62.62 on Wednesday. The firm has a 50 day moving average of $58.07 and a two-hundred day moving average of $54.87. The stock has a market capitalization of $28.55 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $62.84.

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.