17,521 Shares in iShares MSCI Emerging Markets ETF $EEM Acquired by Signaturefd LLC

Signaturefd LLC purchased a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,521 shares of the exchange traded fund’s stock, valued at approximately $1,170,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Citizens Financial Group Inc. RI bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $14,034,000. NTV Asset Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $17,331,000. Sowell Financial Services LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 6.0% during the third quarter. Sowell Financial Services LLC now owns 94,379 shares of the exchange traded fund’s stock worth $6,304,000 after purchasing an additional 5,364 shares during the last quarter. Evergreen Capital Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $3,641,000. Finally, West Financial Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 65.0% during the third quarter. West Financial Advisors LLC now owns 2,339 shares of the exchange traded fund’s stock worth $156,000 after purchasing an additional 921 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.1%

Shares of EEM opened at $62.52 on Wednesday. The firm has a market capitalization of $28.98 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57. The firm has a fifty day moving average price of $66.33 and a 200-day moving average price of $63.74.

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.