Quantinno Capital Management LP Increases Stake in iShares MSCI Emerging Markets ETF $EEM

Quantinno Capital Management LP lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 36.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,661 shares of the exchange traded fund’s stock after acquiring an additional 13,888 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares MSCI Emerging Markets ETF were worth $2,934,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC increased its position in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the period. AQR Capital Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% in the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after purchasing an additional 9,437 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $3,957,000. Gamco Investors INC. ET AL purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $462,000. Finally, Raymond James Financial Inc. boosted its stake in shares of iShares MSCI Emerging Markets ETF by 18.3% during the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after purchasing an additional 313,978 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.0%

Shares of EEM stock opened at $65.64 on Friday. The firm has a market cap of $29.51 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The company’s 50 day moving average is $66.38 and its 200 day moving average is $63.00. iShares MSCI Emerging Markets ETF has a 52-week low of $49.23 and a 52-week high of $71.57.

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.