Baker Avenue Asset Management LP Has $5.10 Million Stock Position in iShares MSCI Emerging Markets ETF $EEM

Baker Avenue Asset Management LP boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1,321.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 93,227 shares of the exchange traded fund’s stock after buying an additional 86,667 shares during the period. Baker Avenue Asset Management LP’s holdings in iShares MSCI Emerging Markets ETF were worth $5,100,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of EEM. Clal Insurance Enterprises Holdings Ltd bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $407,231,000. National Bank of Canada FI boosted its holdings in iShares MSCI Emerging Markets ETF by 21,534.1% in the 3rd 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 bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $101,460,000. SPX Gestao de Recursos Ltda boosted its holdings in iShares MSCI Emerging Markets ETF by 1,133.3% in the 3rd quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock valued at $79,032,000 after purchasing an additional 1,360,000 shares during the period. Finally, Greenfield FTC Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $43,076,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.3%

Shares of iShares MSCI Emerging Markets ETF stock opened at $68.61 on Friday. The company has a 50 day moving average of $62.18 and a 200-day moving average of $58.94. iShares MSCI Emerging Markets ETF has a 1-year low of $45.23 and a 1-year high of $68.96. The company has a market cap of $30.38 billion, a PE ratio of 14.46 and a beta of 0.71.

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.