Allianz SE Has $21.73 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Allianz SE raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 397,182 shares of the exchange traded fund’s stock after purchasing an additional 13,966 shares during the quarter. Allianz SE owned 0.09% of iShares MSCI Emerging Markets ETF worth $21,730,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $25,000. Jessup Wealth Management Inc acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. Elevated Capital Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. Finally, BTG Pactual Asset Management US LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 46,071 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $67.88 on Friday. The stock’s fifty day moving average price is $64.64 and its two-hundred day moving average price is $59.93. The company has a market cap of $30.06 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a fifty-two week low of $46.15 and a fifty-two week high of $70.86.

iShares MSCI Emerging Markets ETF 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.