Banco Santander S.A. Buys 37,737 Shares of iShares MSCI Emerging Markets ETF $EEM

Banco Santander S.A. lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,111,478 shares of the exchange traded fund’s stock after acquiring an additional 37,737 shares during the period. iShares MSCI Emerging Markets ETF makes up about 0.5% of Banco Santander S.A.’s holdings, making the stock its 29th largest holding. Banco Santander S.A.’s holdings in iShares MSCI Emerging Markets ETF were worth $59,353,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in EEM. Advisor OS LLC boosted its position in iShares MSCI Emerging Markets ETF by 3.9% during the third quarter. Advisor OS LLC now owns 8,478 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 317 shares during the period. Roberts Glore & Co. Inc. IL bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $642,000. Empirical Asset Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 11.7% in the third quarter. Empirical Asset Management LLC now owns 7,882 shares of the exchange traded fund’s stock worth $421,000 after buying an additional 823 shares during the last quarter. Bradley Foster & Sargent Inc. CT boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 59.0% during the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock worth $2,795,000 after buying an additional 19,432 shares during the period. Finally, Vawter Financial Ltd. acquired a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $444,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $62.71 on Friday. The company has a market capitalization of $28.59 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $63.43. The company’s fifty day moving average price is $58.48 and its 200 day moving average price is $54.99.

iShares MSCI Emerging Markets ETF Company 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.