Point72 Europe London LLP Acquires New Shares in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Point72 Europe London LLP acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 136,200 shares of the exchange traded fund’s stock, valued at approximately $5,696,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1,724.2% during the fourth 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 during the period. TD Asset Management Inc. raised its position 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 acquiring an additional 207,719 shares during the period. Arrowstreet Capital Limited Partnership boosted its position in iShares MSCI Emerging Markets ETF by 4,632.1% during 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 purchasing an additional 3,203,501 shares in the last quarter. Lazard Asset Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 233.0% in 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 acquiring an additional 1,916,377 shares during the period. Finally, LPL Financial LLC raised its holdings 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 valued at $101,682,000 after acquiring an additional 312,551 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.8%

EEM opened at $46.31 on Thursday. 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 PE ratio of 13.99 and a beta of 0.63. The firm’s 50-day moving average price is $43.38 and its 200 day moving average price is $43.33.

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).