Pinnacle Wealth Planning Services Inc. increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 68.2% during the 4th quarter, Holdings Channel reports. The firm owned 16,952 shares of the exchange traded fund’s stock after acquiring an additional 6,873 shares during the period. Pinnacle Wealth Planning Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $709,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Compass Planning Associates Inc bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $36,000. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $37,000. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $38,000. Atmos Advisory LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $40,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $41,000. 81.39% of the stock is currently owned by institutional investors.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of NYSEARCA EEM opened at $44.48 on Thursday. The company has a market cap of $16.47 billion, a P/E ratio of 14.53 and a beta of 0.70. The firm’s fifty day moving average is $42.92 and its two-hundred day moving average is $43.70. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44.
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).
Recommended Stories
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- Technology Stocks Explained: Here’s What to Know About Tech
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- What is the Nasdaq? Complete Overview with History
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- Dividend Capture Strategy: What You Need to Know
- Is Advanced Micro Devices Stock Slide Over?
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
