iShares MSCI Emerging Markets ETF $EEM Shares Bought by Beirne Wealth Consulting Services LLC

Beirne Wealth Consulting Services LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 31.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 143,520 shares of the exchange traded fund’s stock after purchasing an additional 34,527 shares during the quarter. iShares MSCI Emerging Markets ETF comprises about 2.3% of Beirne Wealth Consulting Services LLC’s holdings, making the stock its 12th biggest position. Beirne Wealth Consulting Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $8,151,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Hsbc Holdings PLC grew its stake 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 valued at $360,596,000 after acquiring an additional 2,823,265 shares in the last quarter. National Bank of Canada FI lifted its stake 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 worth $105,689,000 after purchasing an additional 1,969,944 shares in the last quarter. Duquesne Family Office LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $101,460,000. MKP Capital Management L.L.C. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $90,983,000. Finally, Board of Trustees of The Leland Stanford Junior University boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 25.8% during the 4th 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 currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $66.90 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $47.98 and a 1 year high of $71.57. The firm has a market capitalization of $29.62 billion, a PE ratio of 14.46 and a beta of 0.72. The business has a 50 day simple moving average of $67.27 and a 200-day simple moving average of $61.84.

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.