Arrien Investments Inc. Makes New Investment in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Arrien Investments Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,128 shares of the exchange traded fund’s stock, valued at approximately $870,000. iShares MSCI Emerging Markets ETF comprises approximately 0.6% of Arrien Investments Inc.’s investment portfolio, making the stock its 20th biggest holding.

Several other large investors have also recently added to or reduced their stakes in EEM. Pillar Financial Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $28,000. Compass Planning Associates Inc purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $36,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. Creative Capital Management Investments LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $38,000. Finally, Atmos Advisory LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $40,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $44.58 on Monday. The firm has a market capitalization of $16.89 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. The company has a 50 day simple moving average of $43.19 and a 200-day simple moving average of $43.72. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44.

iShares MSCI Emerging Markets ETF 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).