Addison Capital Co Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

Addison Capital Co acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,879 shares of the exchange traded fund’s stock, valued at approximately $675,000.

Several other institutional investors have also recently modified their holdings of the company. Hsbc Holdings PLC grew its holdings in shares of 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 valued at $360,596,000 after purchasing an additional 2,823,265 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University boosted its position in 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 valued at $243,935,000 after buying an additional 915,248 shares during the period. LPL Financial LLC grew its stake in shares of 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 buying an additional 196,473 shares during the last quarter. Mariner LLC grew its stake in shares of 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 buying an additional 447,010 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of 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 buying an additional 313,978 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.8%

EEM opened at $66.23 on Thursday. iShares MSCI Emerging Markets ETF has a 12 month low of $47.98 and a 12 month high of $71.57. The business’s 50-day moving average price is $67.11 and its 200-day moving average price is $61.71. The company has a market cap of $29.33 billion, a P/E ratio of 14.46 and a beta of 0.72.

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.