Focus Partners Wealth boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 15.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 441,918 shares of the exchange traded fund’s stock after acquiring an additional 59,730 shares during the period. Focus Partners Wealth owned 0.12% of iShares MSCI Emerging Markets ETF worth $19,636,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1,724.2% in the fourth quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after buying an additional 7,883,989 shares during the last quarter. TD Asset Management Inc. raised 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 during the last quarter. Arrowstreet Capital Limited Partnership raised 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 during the last quarter. LPL Financial LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 14.8% in the fourth quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock worth $101,682,000 after buying an additional 312,551 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock worth $80,984,000 after buying an additional 27,779 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 0.7%
NYSEARCA EEM opened at $44.91 on Monday. The company has a fifty day simple moving average of $43.28 and a two-hundred day simple moving average of $43.29. The stock has a market cap of $16.92 billion, a P/E ratio of 13.13 and a beta of 0.63. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $47.44.
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).
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