Partners Capital Investment Group LLP Purchases Shares of 80,306 iShares MSCI Emerging Markets ETF $EEM

Partners Capital Investment Group LLP acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 80,306 shares of the exchange traded fund’s stock, valued at approximately $4,288,000.

Other hedge funds have also modified their holdings of the company. Versant Capital Management Inc grew its holdings in iShares MSCI Emerging Markets ETF by 369.7% in the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 366 shares during the period. Heartwood Wealth Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $37,000. Traub Capital Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $34,000. Hemington Wealth Management purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $34,000. Finally, Gladwyn Financial Advisors Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $35,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

Shares of iShares MSCI Emerging Markets ETF stock opened at $59.07 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $59.15. The stock has a market capitalization of $25.28 billion, a P/E ratio of 14.46 and a beta of 0.64. The business’s fifty day moving average price is $55.26 and its 200 day moving average price is $53.06.

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.