SG Americas Securities LLC Increases Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

SG Americas Securities LLC raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 91.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 413,997 shares of the exchange traded fund’s stock after purchasing an additional 198,188 shares during the quarter. SG Americas Securities LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $17,313,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Covenant Partners LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at about $37,000. Atmos Advisory LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $40,000. West Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $65,000. Finally, Bristlecone Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $65,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $42.67 on Friday. The stock’s 50-day moving average is $42.74 and its 200 day moving average is $43.51. iShares MSCI Emerging Markets ETF has a 1 year low of $38.26 and a 1 year high of $47.44.

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).