International Assets Investment Management LLC Increases Stock Position in iShares MSCI Emerging Markets ETF $EEM

International Assets Investment Management LLC increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 227.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,388 shares of the exchange traded fund’s stock after buying an additional 12,769 shares during the period. International Assets Investment Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $887,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in EEM. Brighton Jones LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares in the last quarter. Amarillo National Bank boosted its holdings in iShares MSCI Emerging Markets ETF by 698.5% during the first quarter. Amarillo National Bank now owns 547,680 shares of the exchange traded fund’s stock worth $23,934,000 after buying an additional 479,088 shares in the last quarter. Diversified Portfolios Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 3.3% during the first quarter. Diversified Portfolios Inc. now owns 10,971 shares of the exchange traded fund’s stock worth $479,000 after buying an additional 348 shares in the last quarter. Cabana LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth $211,000. Finally, Oppenheimer & Co. Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 17.8% during the first quarter. Oppenheimer & Co. Inc. now owns 114,626 shares of the exchange traded fund’s stock worth $5,009,000 after buying an additional 17,335 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $54.92 on Tuesday. The company’s fifty day moving average price is $52.01 and its 200 day moving average price is $48.24. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $55.03. The company has a market capitalization of $20.88 billion, a PE ratio of 14.46 and a beta of 0.74.

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).