Ramiah Investment Group Buys New Holdings in iShares MSCI Emerging Markets ETF $EEM

Ramiah Investment Group purchased a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 66,274 shares of the exchange traded fund’s stock, valued at approximately $3,539,000. iShares MSCI Emerging Markets ETF accounts for 3.5% of Ramiah Investment Group’s holdings, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EEM. Clear Harbor Asset Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 14.1% during the third quarter. Clear Harbor Asset Management LLC now owns 17,681 shares of the exchange traded fund’s stock valued at $944,000 after acquiring an additional 2,180 shares in the last quarter. Finley Financial LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 6.3% in the 3rd quarter. Finley Financial LLC now owns 212,331 shares of the exchange traded fund’s stock worth $11,338,000 after purchasing an additional 12,598 shares in the last quarter. Venturi Wealth Management LLC grew its position in iShares MSCI Emerging Markets ETF by 116.3% in the 3rd quarter. Venturi Wealth Management LLC now owns 12,008 shares of the exchange traded fund’s stock valued at $641,000 after purchasing an additional 6,457 shares during the period. United Asset Strategies Inc. bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $276,000. Finally, B&D White Capital Company LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $1,238,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.0%

iShares MSCI Emerging Markets ETF stock opened at $56.87 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $57.43. The firm has a market capitalization of $21.93 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The firm’s fifty day moving average price is $54.64 and its two-hundred day moving average price is $52.28.

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.