James Investment Research Inc. Purchases 18,005 Shares of iShares MSCI Emerging Markets ETF $EEM

James Investment Research Inc. increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 153.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,734 shares of the exchange traded fund’s stock after purchasing an additional 18,005 shares during the period. James Investment Research Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,689,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $25,000. Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $27,000. BTG Pactual Asset Management US LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $31,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $66.48 on Thursday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.96 and a fifty-two week high of $71.57. The company has a market cap of $29.44 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. The business’s 50 day moving average price is $66.80 and its 200-day moving average price is $61.26.

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). 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.