PKS Advisory Services LLC Invests $211,000 in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

PKS Advisory Services LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 5,048 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FineMark National Bank & Trust boosted its position in iShares MSCI Emerging Markets ETF by 0.5% during the 4th quarter. FineMark National Bank & Trust now owns 387,603 shares of the exchange traded fund’s stock worth $16,210,000 after buying an additional 1,788 shares during the period. TD Asset Management Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 4.9% during the fourth quarter. TD Asset Management Inc. now owns 4,423,372 shares of the exchange traded fund’s stock valued at $184,985,000 after acquiring an additional 207,719 shares during the last quarter. Prudential Financial Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 9.7% during the fourth quarter. Prudential Financial Inc. now owns 655,380 shares of the exchange traded fund’s stock worth $27,408,000 after purchasing an additional 57,968 shares during the period. Syntax Research Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $1,312,000. Finally, Congress Wealth Management LLC DE increased its holdings in iShares MSCI Emerging Markets ETF by 59.5% in the fourth quarter. Congress Wealth Management LLC DE now owns 198,532 shares of the exchange traded fund’s stock valued at $8,303,000 after purchasing an additional 74,090 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.6 %

Shares of NYSEARCA:EEM opened at $44.38 on Thursday. The business has a fifty day simple moving average of $43.71 and a 200 day simple moving average of $43.83. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The firm has a market cap of $16.82 billion, a P/E ratio of 14.88 and a beta of 0.72.

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).