Roberts Glore & Co. Inc. IL Invests $608,000 in iShares MSCI Emerging Markets ETF $EEM

Roberts Glore & Co. Inc. IL bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,713 shares of the exchange traded fund’s stock, valued at approximately $608,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC grew its holdings in iShares MSCI Emerging Markets ETF by 74.9% in the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares during the period. Board of Trustees of The Leland Stanford Junior University lifted its stake in iShares MSCI Emerging Markets ETF by 25.8% during the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after acquiring an additional 915,248 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after purchasing an additional 196,473 shares during the last quarter. Mariner LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 23.8% in the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after acquiring an additional 447,010 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in iShares MSCI Emerging Markets ETF by 18.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after purchasing an additional 313,978 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $65.67 on Wednesday. iShares MSCI Emerging Markets ETF has a 52 week low of $47.98 and a 52 week high of $71.57. The firm’s 50-day simple moving average is $67.29 and its two-hundred day simple moving average is $62.05. The firm has a market cap of $29.08 billion, a price-to-earnings 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.