Keel Point LLC Acquires 8,460 Shares of iShares MSCI Emerging Markets ETF $EEM

Keel Point LLC grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 202,152 shares of the exchange traded fund’s stock after purchasing an additional 8,460 shares during the period. iShares MSCI Emerging Markets ETF makes up about 0.7% of Keel Point LLC’s holdings, making the stock its 25th biggest position. Keel Point LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,060,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of EEM. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $407,231,000. National Bank of Canada FI raised its position in shares of iShares MSCI Emerging Markets ETF by 21,534.1% in the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after purchasing an additional 1,969,944 shares during the period. Duquesne Family Office LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $101,460,000. MKP Capital Management L.L.C. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $90,983,000. Finally, SPX Gestao de Recursos Ltda raised its position in shares of iShares MSCI Emerging Markets ETF by 1,133.3% in the third quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock valued at $79,032,000 after purchasing an additional 1,360,000 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 4.4%

NYSEARCA EEM opened at $67.50 on Friday. The company’s 50 day moving average is $64.43 and its 200-day moving average is $59.87. The firm has a market cap of $29.89 billion, a P/E ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 12-month low of $46.15 and a 12-month high of $70.86.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.