Keel Point LLC Boosts Stake in iShares MSCI Emerging Markets ETF $EEM

Keel Point LLC lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 215,833 shares of the exchange traded fund’s stock after acquiring an additional 13,681 shares during the period. iShares MSCI Emerging Markets ETF accounts for about 0.8% of Keel Point LLC’s investment portfolio, making the stock its 24th largest holding. Keel Point LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $12,257,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in iShares MSCI Emerging Markets ETF by 92.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after purchasing an additional 110,888 shares in the last quarter. Kelsey Financial LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $1,038,000. Roman Butler Fullerton & Co. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 24.8% during the 4th quarter. Roman Butler Fullerton & Co. now owns 53,499 shares of the exchange traded fund’s stock valued at $3,140,000 after buying an additional 10,639 shares in the last quarter. Clarity Wealth Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 9.1% during the 4th quarter. Clarity Wealth Advisors LLC now owns 190,689 shares of the exchange traded fund’s stock valued at $10,433,000 after buying an additional 15,941 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 53.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 30,799 shares of the exchange traded fund’s stock worth $1,685,000 after buying an additional 10,735 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $64.09 on Friday. The firm’s 50-day moving average price is $66.64 and its 200-day moving average price is $62.73. The company has a market capitalization of $28.81 billion, a PE ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 1-year low of $47.98 and a 1-year high of $71.57.

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). 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.