MKP Capital Management L.L.C. acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 952,000 shares of the exchange traded fund’s stock, valued at approximately $63,584,000. iShares MSCI Emerging Markets ETF accounts for about 1.9% of MKP Capital Management L.L.C.’s investment portfolio, making the stock its 10th largest position.
A number of other large investors also recently modified their holdings of the company. Narwhal Capital Management purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $805,000. Csenge Advisory Group lifted its holdings in iShares MSCI Emerging Markets ETF by 38.2% in the 3rd quarter. Csenge Advisory Group now owns 226,058 shares of the exchange traded fund’s stock worth $15,098,000 after purchasing an additional 62,432 shares in the last quarter. Idaho Trust Co purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $869,000. Texas Bank & Trust Co lifted its holdings in iShares MSCI Emerging Markets ETF by 3.2% in the 3rd quarter. Texas Bank & Trust Co now owns 32,049 shares of the exchange traded fund’s stock worth $2,141,000 after purchasing an additional 984 shares in the last quarter. Finally, Consolidated Investment Group LLC bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $4,321,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Price Performance
iShares MSCI Emerging Markets ETF stock opened at $60.57 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $52.38 and a 1 year high of $71.57. The firm’s 50 day moving average price is $65.18 and its 200-day moving average price is $63.90. The stock has a market cap of $28.07 billion, a P/E ratio of 12.06 and a beta of 0.77.
iShares MSCI Emerging Markets ETF 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). 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.
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