Carret Asset Management LLC Has $532,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Carret Asset Management LLC raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,218 shares of the exchange traded fund’s stock after acquiring an additional 1,124 shares during the quarter. Carret Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $532,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of EEM. Anchor Investment Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. Cetera Trust Company N.A bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $32,000. FNY Investment Advisers LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $40,000. Wetzel Investment Advisors Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $48,000. Finally, GAMMA Investing LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $48,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.2 %

EEM stock traded down $0.10 during trading on Thursday, hitting $40.51. 10,176,944 shares of the stock traded hands, compared to its average volume of 28,758,725. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $42.00. The company has a 50 day simple moving average of $40.67 and a 200 day simple moving average of $39.48.

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).