Parr Mcknight Wealth Management Group LLC lowered its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 10.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 129,932 shares of the exchange traded fund’s stock after selling 15,099 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for about 1.0% of Parr Mcknight Wealth Management Group LLC’s holdings, making the stock its 25th biggest position. Parr Mcknight Wealth Management Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,379,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in EEM. Brighton Jones LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after purchasing an additional 1,940 shares during the period. AQR Capital Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 13.3% during the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth about $3,957,000. Gamco Investors INC. ET AL acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter worth about $462,000. Finally, Quantinno Capital Management LP grew its position in iShares MSCI Emerging Markets ETF by 3.1% during the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after buying an additional 1,320 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of iShares MSCI Emerging Markets ETF stock opened at $66.90 on Monday. The company has a 50-day moving average of $67.27 and a two-hundred day moving average of $61.90. iShares MSCI Emerging Markets ETF has a 12-month low of $47.98 and a 12-month high of $71.57. The stock has a market cap of $29.62 billion, a PE ratio of 14.46 and a beta of 0.72.
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). 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.
Further Reading
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
