iShares MSCI Emerging Markets ETF $EEM Stake Boosted by Sonata Capital Group Inc.

Sonata Capital Group Inc. increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 21,531 shares of the exchange traded fund’s stock after acquiring an additional 627 shares during the quarter. Sonata Capital Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,039,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1,097.3% during the first quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock worth $1,303,523,000 after buying an additional 32,819,730 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares MSCI Emerging Markets ETF by 45.2% during the 1st quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock valued at $471,374,000 after purchasing an additional 3,359,853 shares during the last quarter. TD Asset Management Inc boosted its holdings in iShares MSCI Emerging Markets ETF by 13.0% in the 1st quarter. TD Asset Management Inc now owns 4,999,304 shares of the exchange traded fund’s stock valued at $218,470,000 after purchasing an additional 575,932 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 1.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,290,688 shares of the exchange traded fund’s stock valued at $100,103,000 after purchasing an additional 28,793 shares during the period. Finally, Hirtle Callaghan & Co LLC grew its position in iShares MSCI Emerging Markets ETF by 5.6% in the 1st quarter. Hirtle Callaghan & Co LLC now owns 1,881,523 shares of the exchange traded fund’s stock worth $82,223,000 after purchasing an additional 100,615 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $54.26 on Thursday. The company has a 50-day simple moving average of $52.17 and a 200-day simple moving average of $48.32. The firm has a market capitalization of $20.63 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $55.03.

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).