iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Purchased by Carret Asset Management LLC

Carret Asset Management LLC boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,068 shares of the exchange traded fund’s stock after purchasing an additional 857 shares during the period. Carret Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $881,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. QRG Capital Management Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $205,000. Jones Financial Companies Lllp grew its stake in shares of iShares MSCI Emerging Markets ETF by 70.3% during the fourth quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after acquiring an additional 5,063 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 25.0% during the fourth quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock valued at $19,765,000 after acquiring an additional 94,633 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 41.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 45,133 shares of the exchange traded fund’s stock valued at $1,887,000 after acquiring an additional 13,160 shares in the last quarter. Finally, Bleakley Financial Group LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $204,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $44.58 on Friday. The business has a 50-day moving average of $43.19 and a 200-day moving average of $43.72. The company has a market capitalization of $16.51 billion, a PE ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44.

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).