Sava Infond d.o.o. bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 43,200 shares of the exchange traded fund’s stock, valued at approximately $1,807,000.
A number of other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1,724.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock valued at $310,586,000 after purchasing an additional 7,883,989 shares during the last quarter. TD Asset Management Inc. raised its position in shares of iShares MSCI Emerging Markets ETF by 4.9% in the 4th 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 period. LPL Financial LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 14.8% in the 4th 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 period. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at $105,980,000. Finally, Cassaday & Co Wealth Management LLC grew its position in iShares MSCI Emerging Markets ETF by 1.5% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after acquiring an additional 27,779 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Price Performance
iShares MSCI Emerging Markets ETF stock opened at $44.38 on Thursday. The company has a market cap of $16.82 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The stock’s 50-day moving average is $43.71 and its 200-day moving average is $43.83.
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).
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