SB Capital Management Inc Invests $543,000 in iShares MSCI Emerging Markets ETF $EEM

SB Capital Management Inc bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, Holdings Channel.com reports. The firm bought 9,918 shares of the exchange traded fund’s stock, valued at approximately $543,000.

A number of other large investors have also added to or reduced their stakes in the company. Larch Capital Partners LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $3,601,000. Sunbelt Securities Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 4.8% during the 4th quarter. Sunbelt Securities Inc. now owns 42,750 shares of the exchange traded fund’s stock valued at $2,339,000 after buying an additional 1,948 shares in the last quarter. Cambient Family Office LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $2,281,000. Compound Planning Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 66.5% in the fourth quarter. Compound Planning Inc. now owns 8,926 shares of the exchange traded fund’s stock worth $488,000 after buying an additional 3,564 shares in the last quarter. Finally, Lexington Hill Partners LLC bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $1,330,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $70.79 on Friday. The company has a market capitalization of $31.35 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.92. The company’s 50 day moving average price is $65.64 and its two-hundred day moving average price is $60.40.

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.