Scotia Capital Inc. Has $3.59 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Scotia Capital Inc. raised its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 85,797 shares of the exchange traded fund’s stock after purchasing an additional 7,922 shares during the quarter. Scotia Capital Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,588,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in iShares MSCI Emerging Markets ETF by 1,724.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after buying an additional 7,883,989 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in iShares MSCI Emerging Markets ETF by 4,632.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after buying an additional 3,203,501 shares during the last quarter. SPX Gestao de Recursos Ltda bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at $105,980,000. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $67,244,000. Finally, Allstate Corp bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $58,336,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $41.75 on Friday. The firm has a market capitalization of $15.88 billion, a PE ratio of 14.53 and a beta of 0.63. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $47.44. The company’s 50-day moving average is $43.49 and its 200 day moving average is $43.67.

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).