Note Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,003 shares of the exchange traded fund’s stock, valued at approximately $209,000.
A number of other hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Emerging Markets ETF by 1,724.2% in the fourth quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after acquiring an additional 7,883,989 shares during the last quarter. TD Asset Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 4.9% in the 4th quarter. TD Asset Management Inc. now owns 4,423,372 shares of the exchange traded fund’s stock valued at $184,985,000 after purchasing an additional 207,719 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of iShares MSCI Emerging Markets ETF by 4,632.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock valued at $136,863,000 after buying an additional 3,203,501 shares during the period. Lazard Asset Management LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 233.0% during the 4th quarter. Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock valued at $114,532,000 after buying an additional 1,916,377 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 14.8% during the 4th quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock worth $101,682,000 after buying an additional 312,551 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Trading Down 0.1%
Shares of EEM opened at $46.31 on Wednesday. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $47.44. The firm has a market capitalization of $17.44 billion, a P/E ratio of 13.99 and a beta of 0.63. The stock’s fifty day simple moving average is $43.59 and its 200 day simple moving average is $43.36.
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).
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