Rockefeller Capital Management L.P. Grows Stake in iShares MSCI Emerging Markets ETF $EEM

Rockefeller Capital Management L.P. lifted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 75.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 914,307 shares of the exchange traded fund’s stock after acquiring an additional 394,062 shares during the period. Rockefeller Capital Management L.P. owned 0.20% of iShares MSCI Emerging Markets ETF worth $50,022,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $407,231,000. Hsbc Holdings PLC grew its position in iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after buying an additional 2,823,265 shares during the last quarter. National Bank of Canada FI increased its stake in iShares MSCI Emerging Markets ETF by 21,534.1% in the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after buying an additional 1,969,944 shares during the period. Duquesne Family Office LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $101,460,000. Finally, MKP Capital Management L.L.C. acquired a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $90,983,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $70.79 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.92. The company has a market cap of $31.35 billion, a P/E ratio of 14.46 and a beta of 0.73. The firm has a fifty day moving average of $65.85 and a two-hundred day moving average of $60.47.

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). 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.