iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Purchased by Simmons Bank

Simmons Bank grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 114,150 shares of the exchange traded fund’s stock after buying an additional 10,087 shares during the quarter. Simmons Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $4,774,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sincerus Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $1,552,000. Weil Company Inc. lifted its position in shares of iShares MSCI Emerging Markets ETF by 2.2% during the 4th quarter. Weil Company Inc. now owns 53,809 shares of the exchange traded fund’s stock valued at $2,250,000 after acquiring an additional 1,173 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its position in shares of iShares MSCI Emerging Markets ETF by 2.3% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 39,410 shares of the exchange traded fund’s stock valued at $1,648,000 after acquiring an additional 900 shares during the last quarter. Northwest Capital Management Inc lifted its position in shares of iShares MSCI Emerging Markets ETF by 12.1% during the 4th quarter. Northwest Capital Management Inc now owns 5,138 shares of the exchange traded fund’s stock valued at $215,000 after acquiring an additional 556 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in iShares MSCI Emerging Markets ETF by 7.6% during the 4th quarter. IFP Advisors Inc now owns 25,064 shares of the exchange traded fund’s stock valued at $1,048,000 after purchasing an additional 1,760 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.0 %

Shares of NYSEARCA:EEM opened at $44.68 on Thursday. The company’s fifty day moving average is $42.81 and its two-hundred day moving average is $43.67. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The company has a market cap of $16.55 billion, a P/E ratio of 14.53 and a beta of 0.70.

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).