90,881 Shares in iShares MSCI Emerging Markets ETF $EEM Purchased by Grange Capital LLC

Grange Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, Holdings Channel.com reports. The fund purchased 90,881 shares of the exchange traded fund’s stock, valued at approximately $5,161,000. iShares MSCI Emerging Markets ETF comprises 5.1% of Grange Capital LLC’s investment portfolio, making the stock its 5th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC lifted its position in iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after acquiring an additional 2,823,265 shares during the period. National Bank of Canada FI increased its holdings in shares of iShares MSCI Emerging Markets ETF by 21,534.1% in 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 purchasing an additional 1,969,944 shares during the period. Duquesne Family Office LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $101,460,000. MKP Capital Management L.L.C. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $90,983,000. Finally, Board of Trustees of The Leland Stanford Junior University raised its stake in shares of iShares MSCI Emerging Markets ETF by 25.8% during 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 worth $243,935,000 after purchasing an additional 915,248 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

Shares of NYSEARCA EEM opened at $67.57 on Tuesday. The stock has a fifty day moving average price of $66.92 and a 200 day moving average price of $61.43. iShares MSCI Emerging Markets ETF has a 1-year low of $47.96 and a 1-year high of $71.57. The company has a market cap of $29.92 billion, a PE ratio of 14.46 and a beta of 0.72.

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.