CIBC Asset Management Inc Raises Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

CIBC Asset Management Inc lifted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 24.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 191,114 shares of the exchange traded fund’s stock after acquiring an additional 37,686 shares during the quarter. CIBC Asset Management Inc’s holdings in iShares MSCI Emerging Markets ETF were worth $10,456,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EEM. Brighton Jones LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after acquiring an additional 1,940 shares during the last quarter. AQR Capital Management LLC increased its position in iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth $3,957,000. Gamco Investors INC. ET AL purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth $462,000. Finally, Quantinno Capital Management LP increased its position in iShares MSCI Emerging Markets ETF by 3.1% in the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after buying an additional 1,320 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $64.59 on Friday. The business has a fifty day simple moving average of $63.60 and a two-hundred day simple moving average of $59.48. iShares MSCI Emerging Markets ETF has a 1 year low of $46.15 and a 1 year high of $70.86. The company has a market capitalization of $28.60 billion, a P/E ratio of 14.46 and a beta of 0.73.

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.