Koss Olinger Consulting LLC Acquires Shares of 60,403 iShares MSCI Emerging Markets ETF $EEM

Koss Olinger Consulting LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 60,403 shares of the exchange traded fund’s stock, valued at approximately $3,430,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Asempa Wealth Advisors purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $593,000. Perigon Wealth Management LLC increased its position in iShares MSCI Emerging Markets ETF by 77.2% during the 4th quarter. Perigon Wealth Management LLC now owns 148,373 shares of the exchange traded fund’s stock valued at $8,118,000 after buying an additional 64,618 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in iShares MSCI Emerging Markets ETF by 92.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock valued at $12,632,000 after buying an additional 110,888 shares during the last quarter. Sollinda Capital Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 276.3% during the fourth quarter. Sollinda Capital Management LLC now owns 28,981 shares of the exchange traded fund’s stock valued at $1,586,000 after buying an additional 21,280 shares during the last quarter. Finally, Kelsey Financial LLC bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $1,038,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $63.29 on Monday. iShares MSCI Emerging Markets ETF has a 12 month low of $47.98 and a 12 month high of $71.57. The stock has a market cap of $28.02 billion, a P/E ratio of 14.46 and a beta of 0.72. The stock’s fifty day moving average price is $67.11 and its 200-day moving average price is $62.25.

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.