Stevens Capital Management LP Boosts Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Stevens Capital Management LP boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,753 shares of the exchange traded fund’s stock after purchasing an additional 18,192 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 1.3% of Stevens Capital Management LP’s investment portfolio, making the stock its 19th biggest position. Stevens Capital Management LP’s holdings in iShares MSCI Emerging Markets ETF were worth $9,207,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bank of Montreal Can raised its position in shares of iShares MSCI Emerging Markets ETF by 91.1% during the 2nd quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after buying an additional 3,382,010 shares in the last quarter. DRW Securities LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 603.8% during the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after buying an additional 2,344,192 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 6.2% during the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after buying an additional 123,741 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $74,532,000. Finally, The Manufacturers Life Insurance Company raised its position in shares of iShares MSCI Emerging Markets ETF by 0.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock valued at $63,829,000 after buying an additional 6,995 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.3 %

EEM stock opened at $43.63 on Thursday. iShares MSCI Emerging Markets ETF has a 52 week low of $37.48 and a 52 week high of $47.44. The firm’s fifty day moving average is $44.85 and its 200 day moving average is $43.54.

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).