Sterling Capital Management LLC grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 27.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,564 shares of the exchange traded fund’s stock after purchasing an additional 26,698 shares during the quarter. Sterling Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,131,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Founders Financial Securities LLC increased its holdings in iShares MSCI Emerging Markets ETF by 0.3% in the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after buying an additional 163 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 5.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after buying an additional 169 shares during the last quarter. Cim LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 3.0% during the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock worth $346,000 after buying an additional 182 shares during the last quarter. Nicolet Advisory Services LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 2.9% during the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 184 shares in the last quarter. Finally, Vivaldi Capital Management LP boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock worth $609,000 after acquiring an additional 186 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Performance
EEM opened at $67.19 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $47.90 and a one year high of $71.57. The company has a market cap of $29.75 billion, a P/E ratio of 14.46 and a beta of 0.73. The business’s 50-day simple moving average is $66.54 and its 200-day simple moving average is $60.95.
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.
See Also
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
- 3 Waste Stocks Turning AI Investments into Growth
- 3 Overlooked Tech ETFs That Are Quietly Killing It This Year
- 3 ETFs Pairing Market-Beating Returns With High Dividend Yields
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.
