Sollinda Capital Management LLC Has $1.59 Million Stock Position in iShares MSCI Emerging Markets ETF $EEM

Sollinda Capital Management LLC grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 276.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 28,981 shares of the exchange traded fund’s stock after buying an additional 21,280 shares during the period. Sollinda Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,586,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc increased its position in shares of iShares MSCI Emerging Markets ETF by 369.7% during the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 366 shares during the period. BTG Pactual Asset Management US LLC lifted its position in iShares MSCI Emerging Markets ETF by 101.3% in the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares during the period. Richardson Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the third quarter worth $33,000. Heartwood Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth $37,000. Finally, Accredited Wealth Management LLC boosted its stake in iShares MSCI Emerging Markets ETF by 42.7% during the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 206 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $54.75 on Tuesday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $65.96. The firm has a market capitalization of $24.96 billion, a PE ratio of 14.46 and a beta of 0.64. The company’s fifty day moving average price is $59.24 and its two-hundred day moving average price is $56.22.

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.