Verger Capital Management LLC increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 253,418 shares of the exchange traded fund’s stock after acquiring an additional 13,011 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 4.1% of Verger Capital Management LLC’s holdings, making the stock its 8th largest position. Verger Capital Management LLC owned approximately 0.06% of iShares MSCI Emerging Markets ETF worth $13,865,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $407,231,000. Mariner LLC raised its holdings in iShares MSCI Emerging Markets ETF by 23.8% in the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after acquiring an additional 447,010 shares during the last quarter. Raymond James Financial Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 18.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after acquiring an additional 313,978 shares during the last quarter. National Bank of Canada FI raised its holdings 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 worth $105,689,000 after acquiring an additional 1,969,944 shares during the last quarter. Finally, Duquesne Family Office LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $101,460,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Stock Up 0.2%
Shares of NYSEARCA EEM opened at $64.13 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $44.52 and a twelve month high of $65.96. The firm has a market cap of $28.40 billion, a P/E ratio of 14.46 and a beta of 0.71. The company has a 50 day moving average of $59.72 and a 200 day moving average of $57.43.
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.
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