CIBC Asset Management Inc Grows Stock Position in iShares MSCI Emerging Markets ETF $EEM

CIBC Asset Management Inc boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 24.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 191,114 shares of the exchange traded fund’s stock after purchasing an additional 37,686 shares during the period. CIBC Asset Management Inc’s holdings in iShares MSCI Emerging Markets ETF were worth $10,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares during the period. AQR Capital Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after acquiring an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $3,957,000. Gamco Investors INC. ET AL bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $462,000. Finally, Quantinno Capital Management LP boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% in the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after acquiring an additional 1,320 shares during the period. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $64.59 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.86. The business has a fifty day moving average price of $63.60 and a 200-day moving average price of $59.48. The firm has a market capitalization of $28.60 billion, a P/E ratio of 14.46 and a beta of 0.73.

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.