Signaturefd LLC Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Signaturefd LLC bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 17,521 shares of the exchange traded fund’s stock, valued at approximately $1,170,000.

Several other hedge funds have also recently made changes to their positions in the business. Citizens Financial Group Inc. RI bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $14,034,000. NTV Asset Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at $17,331,000. Sowell Financial Services LLC increased its position in iShares MSCI Emerging Markets ETF by 6.0% during the third quarter. Sowell Financial Services LLC now owns 94,379 shares of the exchange traded fund’s stock valued at $6,304,000 after acquiring an additional 5,364 shares during the last quarter. Evergreen Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at $3,641,000. Finally, West Financial Advisors LLC increased its position in iShares MSCI Emerging Markets ETF by 65.0% during the third quarter. West Financial Advisors LLC now owns 2,339 shares of the exchange traded fund’s stock valued at $156,000 after acquiring an additional 921 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.1%

Shares of EEM opened at $62.52 on Wednesday. iShares MSCI Emerging Markets ETF has a twelve month low of $52.38 and a twelve month high of $71.57. The company has a market cap of $28.98 billion, a P/E ratio of 14.46 and a beta of 0.74. The company’s fifty day simple moving average is $66.33 and its 200-day simple moving average is $63.74.

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.