RiverTree Advisors LLC Takes $796,000 Position in iShares MSCI Emerging Markets ETF $EEM

RiverTree Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,542 shares of the exchange traded fund’s stock, valued at approximately $796,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $407,231,000. Corient Private Wealth LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 206.0% in the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after acquiring an additional 2,181,269 shares in the last quarter. Mariner LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 23.8% during the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after purchasing an additional 447,010 shares during the last quarter. Bank of Nova Scotia boosted its position in iShares MSCI Emerging Markets ETF by 314.6% during the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after purchasing an additional 1,700,100 shares in the last quarter. Finally, Invesco Ltd. purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $100,644,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $55.20 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $65.96. The firm has a market cap of $25.16 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The firm has a 50-day simple moving average of $59.30 and a two-hundred day simple moving average of $56.20.

iShares MSCI Emerging Markets ETF 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.