Johnson Financial Group Inc. Raises Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Johnson Financial Group Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 59.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 9,750 shares of the exchange traded fund’s stock after buying an additional 3,618 shares during the period. Johnson Financial Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $417,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in EEM. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Emerging Markets ETF by 1,724.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after purchasing an additional 7,883,989 shares in the last quarter. TD Asset Management Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 4.9% in the fourth quarter. TD Asset Management Inc. now owns 4,423,372 shares of the exchange traded fund’s stock worth $184,985,000 after buying an additional 207,719 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 4,632.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after buying an additional 3,203,501 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 14.8% during the fourth quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock worth $101,682,000 after acquiring an additional 312,551 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at $105,980,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.2 %

EEM opened at $43.45 on Friday. The company has a market capitalization of $16.37 billion, a PE ratio of 13.13 and a beta of 0.63. The firm has a 50-day simple moving average of $43.21 and a two-hundred day simple moving average of $43.39. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $47.44.

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).