Barings LLC Lowers Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Barings LLC lowered its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 62.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 197,788 shares of the exchange traded fund’s stock after selling 332,896 shares during the period. Barings LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $10,821,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at $407,231,000. LPL Financial LLC grew its position in iShares MSCI Emerging Markets ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after acquiring an additional 196,473 shares during the period. Mariner LLC grew its position in iShares MSCI Emerging Markets ETF by 23.8% during the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after acquiring an additional 447,010 shares during the period. Raymond James Financial Inc. grew its position in iShares MSCI Emerging Markets ETF by 18.3% during the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after acquiring an additional 313,978 shares during the period. Finally, National Bank of Canada FI grew its position in iShares MSCI Emerging Markets ETF by 21,534.1% during the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after acquiring an additional 1,969,944 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 4.4%

EEM stock opened at $67.50 on Friday. The stock has a 50-day moving average price of $64.43 and a two-hundred day moving average price of $59.87. iShares MSCI Emerging Markets ETF has a 12-month low of $46.15 and a 12-month high of $70.86. The company has a market cap of $29.89 billion, a PE ratio of 14.46 and a beta of 0.73.

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.