Poinciana Advisors Group LLC Invests $1.90 Million in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Poinciana Advisors Group LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,353 shares of the exchange traded fund’s stock, valued at approximately $1,897,000. iShares MSCI Emerging Markets ETF accounts for approximately 1.9% of Poinciana Advisors Group LLC’s holdings, making the stock its 12th biggest holding.

Several other large investors also recently modified their holdings of EEM. Pillar Financial Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $28,000. Compass Planning Associates Inc acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $36,000. Teachers Insurance & Annuity Association of America acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $37,000. Creative Capital Management Investments LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $38,000. Finally, Atmos Advisory LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $40,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 1.8 %

NYSEARCA:EEM opened at $44.58 on Friday. The stock has a market capitalization of $16.51 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. The firm has a fifty day simple moving average of $43.19 and a two-hundred day simple moving average of $43.72. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44.

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).