Erste Asset Management GmbH increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 1.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 759,519 shares of the exchange traded fund’s stock after acquiring an additional 8,700 shares during the period. Erste Asset Management GmbH’s holdings in iShares MSCI Emerging Markets ETF were worth $41,553,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of EEM. Clal Insurance Enterprises Holdings Ltd acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter worth $407,231,000. National Bank of Canada FI increased its position in iShares MSCI Emerging Markets ETF by 21,534.1% during the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after buying an additional 1,969,944 shares in the last quarter. Duquesne Family Office LLC purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter worth $101,460,000. MKP Capital Management L.L.C. purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $90,983,000. Finally, SPX Gestao de Recursos Ltda increased its position in iShares MSCI Emerging Markets ETF by 1,133.3% during the third quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock worth $79,032,000 after buying an additional 1,360,000 shares in 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 $64.59 on Monday. The stock has a fifty day moving average of $63.60 and a two-hundred day moving average of $59.52. The company has a market capitalization of $28.60 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a fifty-two week low of $46.15 and a fifty-two week high of $70.86.
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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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