SBI Securities Co. Ltd. Acquires New Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

SBI Securities Co. Ltd. acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 20,215 shares of the exchange traded fund’s stock, valued at approximately $845,000.

Several other hedge funds also recently made changes to their positions in the company. Pinnacle Associates Ltd. grew its holdings in iShares MSCI Emerging Markets ETF by 37.3% during the third quarter. Pinnacle Associates Ltd. now owns 6,781 shares of the exchange traded fund’s stock worth $311,000 after acquiring an additional 1,842 shares during the period. Farther Finance Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 32.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 20,000 shares of the exchange traded fund’s stock worth $917,000 after purchasing an additional 4,883 shares during the period. Conning Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 7.3% during the 3rd quarter. Conning Inc. now owns 22,283 shares of the exchange traded fund’s stock worth $1,022,000 after purchasing an additional 1,523 shares during the period. Harbor Capital Advisors Inc. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 18.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,980 shares of the exchange traded fund’s stock valued at $228,000 after purchasing an additional 775 shares in the last quarter. Finally, Nvwm LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 11.9% during the third quarter. Nvwm LLC now owns 11,199 shares of the exchange traded fund’s stock worth $514,000 after buying an additional 1,192 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.9 %

Shares of EEM opened at $42.83 on Tuesday. The firm’s 50-day moving average is $42.87 and its two-hundred day moving average is $43.69. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The firm has a market capitalization of $15.86 billion, a P/E ratio of 14.53 and a beta of 0.70.

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).