Anchor Capital Advisors LLC Takes $815,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Anchor Capital Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 19,487 shares of the exchange traded fund’s stock, valued at approximately $815,000.

Other institutional investors have also added to or reduced their stakes in the company. Compass Planning Associates Inc purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $36,000. Teachers Insurance & Annuity Association of America purchased a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $37,000. Creative Capital Management Investments LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $38,000. Atmos Advisory LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $40,000. Finally, CarsonAllaria Wealth Management Ltd. raised its holdings in iShares MSCI Emerging Markets ETF by 40.0% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.4 %

Shares of NYSEARCA EEM opened at $43.21 on Friday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The firm has a market capitalization of $16.00 billion, a PE ratio of 14.53 and a beta of 0.70. The firm has a fifty day simple moving average of $42.86 and a two-hundred day simple moving average of $43.68.

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).