Three Seasons Wealth LLC Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Three Seasons Wealth LLC bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 19,589 shares of the exchange traded fund’s stock, valued at approximately $1,072,000.

Several other hedge funds and other institutional investors also recently modified their holdings of EEM. Versant Capital Management Inc lifted its stake in shares of iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 366 shares in the last quarter. BTG Pactual Asset Management US LLC grew its stake in 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 buying an additional 46,071 shares in the last quarter. Richardson Capital Management LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $33,000. Heartwood Wealth Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $37,000. Finally, Accredited Wealth Management LLC raised its holdings in 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 valued at $37,000 after acquiring an additional 206 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $56.79 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $65.96. The stock’s fifty day moving average price is $59.22 and its two-hundred day moving average price is $56.25. The company has a market cap of $25.89 billion, a P/E ratio of 14.46 and a beta of 0.64.

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.