iShares MSCI Emerging Markets ETF $EEM Stake Raised by NTV Asset Management LLC
by Danessa Lincoln · The Markets DailyNTV Asset Management LLC increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 52.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 195,252 shares of the exchange traded fund’s stock after buying an additional 66,839 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 1.1% of NTV Asset Management LLC’s portfolio, making the stock its 16th largest holding. NTV Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $10,682,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in EEM. Versant Capital Management Inc boosted its position in 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 worth $25,000 after acquiring an additional 366 shares during the period. BTG Pactual Asset Management US LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 46,071 shares during the period. Richardson Capital Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $33,000. Accredited Wealth Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 42.7% during the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 206 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Price Performance
Shares of EEM opened at $56.59 on Friday. The firm has a 50-day moving average price of $59.11 and a 200 day moving average price of $56.29. The firm has a market capitalization of $25.06 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 $65.96.
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.