Financial & Tax Architects LLC boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 23.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,305 shares of the exchange traded fund’s stock after purchasing an additional 14,085 shares during the quarter. Financial & Tax Architects LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,163,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after acquiring an additional 2,823,265 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University increased its stake in iShares MSCI Emerging Markets ETF by 25.8% in the fourth quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after purchasing an additional 915,248 shares in the last quarter. LPL Financial LLC increased its stake in iShares MSCI Emerging Markets ETF by 6.1% in 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 purchasing an additional 196,473 shares in the last quarter. Mariner LLC raised its holdings in iShares MSCI Emerging Markets ETF by 23.8% in the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after purchasing an additional 447,010 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 18.3% in the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after purchasing an additional 313,978 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Up 1.5%
Shares of NYSEARCA EEM opened at $68.41 on Wednesday. The company’s fifty day moving average is $66.73 and its 200-day moving average is $61.18. The stock has a market cap of $30.29 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a twelve month low of $47.96 and a twelve month high of $71.57.
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.
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