Okabena Investment Services Inc. Has $15.65 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Okabena Investment Services Inc. grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 374,284 shares of the exchange traded fund’s stock after buying an additional 4,960 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for approximately 4.4% of Okabena Investment Services Inc.’s investment portfolio, making the stock its 5th biggest holding. Okabena Investment Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $15,653,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Allianz SE acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $14,768,000. Allstate Corp acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $58,336,000. Ramirez Asset Management Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 446.1% during the 4th quarter. Ramirez Asset Management Inc. now owns 68,125 shares of the exchange traded fund’s stock worth $2,849,000 after purchasing an additional 55,650 shares in the last quarter. Level Four Advisory Services LLC increased its holdings in iShares MSCI Emerging Markets ETF by 4.5% during the fourth quarter. Level Four Advisory Services LLC now owns 29,949 shares of the exchange traded fund’s stock worth $1,252,000 after buying an additional 1,285 shares during the last quarter. Finally, Orion Portfolio Solutions LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 36.2% during the 4th quarter. Orion Portfolio Solutions LLC now owns 25,496 shares of the exchange traded fund’s stock worth $1,066,000 after purchasing an additional 6,783 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $43.77 on Friday. The stock has a 50-day simple moving average of $43.80 and a 200 day simple moving average of $43.85. The stock has a market capitalization of $16.58 billion, a P/E ratio of 14.88 and a beta of 0.72. 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).