Del Sette Capital Management LLC Increases Position in iShares MSCI Emerging Markets ETF $EEM

Del Sette Capital Management LLC grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 22.2% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 200,855 shares of the exchange traded fund’s stock after acquiring an additional 36,514 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 6.8% of Del Sette Capital Management LLC’s portfolio, making the stock its 5th largest position. Del Sette Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,406,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Hsbc Holdings PLC lifted its holdings in iShares MSCI Emerging Markets ETF by 74.9% during the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after acquiring an additional 2,823,265 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of iShares MSCI Emerging Markets ETF by 21,534.1% in the third 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 in the last quarter. Duquesne Family Office LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $101,460,000. MKP Capital Management L.L.C. acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $90,983,000. Finally, Board of Trustees of The Leland Stanford Junior University raised its position in shares of iShares MSCI Emerging Markets ETF by 25.8% during the fourth quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock worth $243,935,000 after purchasing an additional 915,248 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $66.90 on Monday. The business’s 50-day simple moving average is $67.27 and its 200-day simple moving average is $61.90. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.98 and a fifty-two week high of $71.57. The stock has a market capitalization of $29.62 billion, a PE ratio of 14.46 and a beta of 0.72.

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.