10,162 Shares in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,162 shares of the exchange traded fund’s stock, valued at approximately $425,000.

Other hedge funds have also modified their holdings of the company. Oppenheimer & Co. Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 25.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 97,291 shares of the exchange traded fund’s stock worth $4,069,000 after buying an additional 20,009 shares during the period. Oppenheimer Asset Management Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 48.0% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 102,383 shares of the exchange traded fund’s stock worth $4,282,000 after buying an additional 33,217 shares during the period. NewEdge Wealth LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 75.8% in the fourth quarter. NewEdge Wealth LLC now owns 25,964 shares of the exchange traded fund’s stock worth $1,086,000 after buying an additional 11,199 shares during the period. Simmons Bank boosted its position in shares of iShares MSCI Emerging Markets ETF by 9.7% in the fourth quarter. Simmons Bank now owns 114,150 shares of the exchange traded fund’s stock worth $4,774,000 after buying an additional 10,087 shares during the period. Finally, Sincerus Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $1,552,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $43.36 on Tuesday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The business has a 50-day moving average of $43.02 and a two-hundred day moving average of $43.71. The stock has a market capitalization of $16.06 billion, a P/E ratio of 14.53 and a beta of 0.70.

About iShares MSCI Emerging Markets ETF

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).