J. Safra Sarasin Holding AG Has $2.32 Million Position in iShares MSCI Emerging Markets ETF $EEM

J. Safra Sarasin Holding AG boosted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 186.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,446 shares of the exchange traded fund’s stock after acquiring an additional 27,639 shares during the period. J. Safra Sarasin Holding AG’s holdings in iShares MSCI Emerging Markets ETF were worth $2,322,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EEM. RiverTree Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $796,000. Private Advisory Group LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $1,878,000. Greenfield FTC Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $43,076,000. Praetorian Wealth Management Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $269,000. Finally, Redhawk Wealth Advisors Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 3.2% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 156,285 shares of the exchange traded fund’s stock valued at $8,550,000 after buying an additional 4,860 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 3.7%

Shares of iShares MSCI Emerging Markets ETF stock opened at $56.79 on Wednesday. The company has a market cap of $25.89 billion, a PE ratio of 14.46 and a beta of 0.64. The company has a 50 day moving average of $59.22 and a 200-day moving average of $56.25. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $65.96.

iShares MSCI Emerging Markets ETF 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.