Del Sette Capital Management LLC Has $5.50 Million Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Del Sette Capital Management LLC raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 131,400 shares of the exchange traded fund’s stock after acquiring an additional 1,023 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 4.5% of Del Sette Capital Management LLC’s holdings, making the stock its 7th largest position. Del Sette Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,495,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Pillar Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $28,000. Teachers Insurance & Annuity Association of America acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $37,000. Compass Planning Associates Inc bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $36,000. Creative Capital Management Investments LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $38,000. Finally, Atmos Advisory LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $40,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $44.58 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44. The company has a market capitalization of $16.89 billion, a PE ratio of 14.88 and a beta of 0.72. The company has a fifty day moving average of $43.51 and a 200-day moving average of $43.78.

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).