SeaCrest Wealth Management LLC Makes New Investment in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

SeaCrest Wealth Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the first quarter, HoldingsChannel.com reports. The fund acquired 4,669 shares of the exchange traded fund’s stock, valued at approximately $204,000.

Several other large investors also recently modified their holdings of EEM. Elequin Capital LP bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $28,000. Pillar Financial Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $28,000. Navigoe LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $30,000. Copia Wealth Management bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $33,000. Finally, Compass Planning Associates Inc bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $36,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $46.92 on Monday. The stock has a market capitalization of $17.67 billion, a price-to-earnings ratio of 13.99 and a beta of 0.62. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $47.44. The stock’s 50 day moving average price is $44.01 and its two-hundred day moving average price is $43.56.

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).