Weil Company Inc. Purchases 1,173 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Weil Company Inc. raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,809 shares of the exchange traded fund’s stock after buying an additional 1,173 shares during the quarter. Weil Company Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,250,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in EEM. DRW Securities LLC raised its position in iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after purchasing an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $105,980,000. LPL Financial LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 6.2% during the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after buying an additional 123,741 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.5% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after buying an additional 27,779 shares in the last quarter. Finally, Total Investment Management Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Total Investment Management Inc. now owns 1,541,272 shares of the exchange traded fund’s stock valued at $64,456,000 after buying an additional 54,732 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

iShares MSCI Emerging Markets ETF stock opened at $44.24 on Wednesday. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44. The stock has a fifty day moving average price of $42.76 and a two-hundred day moving average price of $43.66. The firm has a market capitalization of $16.38 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).