Lmcg Investments LLC decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 10.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 184,815 shares of the exchange traded fund’s stock after selling 21,738 shares during the period. Lmcg Investments LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $10,496,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Hsbc Holdings PLC raised its position in shares of iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after purchasing an additional 2,823,265 shares during the period. Board of Trustees of The Leland Stanford Junior University boosted its holdings in iShares MSCI Emerging Markets ETF by 25.8% in the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock worth $243,935,000 after buying an additional 915,248 shares during the period. LPL Financial LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after buying an additional 196,473 shares during the period. Mariner LLC increased its stake in iShares MSCI Emerging Markets ETF by 23.8% in the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after buying an additional 447,010 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in iShares MSCI Emerging Markets ETF by 18.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after buying an additional 313,978 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Up 0.8%
NYSEARCA:EEM opened at $66.23 on Thursday. The business’s 50-day simple moving average is $67.11 and its two-hundred day simple moving average is $61.71. iShares MSCI Emerging Markets ETF has a 52 week low of $47.98 and a 52 week high of $71.57. The stock has a market cap of $29.33 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.
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