Quantum Portfolio Management LLC Acquires 27,298 Shares of iShares MSCI Emerging Markets ETF $EEM

Quantum Portfolio Management LLC increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 36.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,337 shares of the exchange traded fund’s stock after acquiring an additional 27,298 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 0.1% of Quantum Portfolio Management LLC’s investment portfolio, making the stock its 13th largest holding. Quantum Portfolio Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,755,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $25,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth $27,000. BTG Pactual Asset Management US LLC raised its position in 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 worth $30,000 after acquiring an additional 46,071 shares in the last quarter. Finally, Elevated Capital Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $31,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $66.23 on Thursday. The company has a fifty day moving average price of $67.11 and a two-hundred day moving average price of $61.71. iShares MSCI Emerging Markets ETF has a one year low of $47.98 and a one year high of $71.57. The stock has a market cap of $29.33 billion, a P/E ratio of 14.46 and a beta of 0.72.

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.