iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Purchased by Freestone Capital Holdings LLC

Freestone Capital Holdings LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 247,698 shares of the exchange traded fund’s stock after buying an additional 4,921 shares during the period. Freestone Capital Holdings LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $10,359,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. DRW Securities LLC grew its stake in iShares MSCI Emerging Markets ETF by 603.8% during the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after purchasing an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $105,980,000. LPL Financial LLC grew its stake in iShares MSCI Emerging Markets ETF by 6.2% during the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after purchasing an additional 123,741 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 1.5% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after purchasing an additional 27,779 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $67,244,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 3.0 %

Shares of EEM opened at $44.48 on Thursday. The firm has a market cap of $16.47 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. The stock has a 50 day moving average of $42.92 and a 200-day moving average of $43.70. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44.

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).