iShares MSCI Emerging Markets ETF $EEM Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 74.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,591,631 shares of the exchange traded fund’s stock after buying an additional 2,823,265 shares during the period. Hsbc Holdings PLC owned about 1.45% of iShares MSCI Emerging Markets ETF worth $360,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EEM. MidAtlantic Capital Management Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $25,000. Jessup Wealth Management Inc acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $31,000. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Finally, MidFirst Bank purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $70.79 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $46.15 and a twelve month high of $70.92. The company has a 50-day moving average price of $65.85 and a 200 day moving average price of $60.47. The company has a market cap of $31.35 billion, a PE ratio of 14.46 and a beta of 0.73.

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). 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.