iShares MSCI Emerging Markets ETF $EEM Shares Acquired by Sterling Capital Management LLC

Sterling Capital Management LLC grew its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 27.0% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 125,564 shares of the exchange traded fund’s stock after acquiring an additional 26,698 shares during the period. Sterling Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,131,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Founders Financial Securities LLC raised its position in iShares MSCI Emerging Markets ETF by 0.3% in the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after purchasing an additional 163 shares during the period. Hazlett Burt & Watson Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after buying an additional 169 shares in the last quarter. Cim LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.0% in the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 182 shares during the period. Nicolet Advisory Services LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 2.9% in the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 184 shares during the period. Finally, Vivaldi Capital Management LP lifted its stake in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock worth $609,000 after acquiring an additional 186 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 1.1%

EEM opened at $67.19 on Friday. The stock’s 50-day moving average price is $66.54 and its 200 day moving average price is $60.95. iShares MSCI Emerging Markets ETF has a 12-month low of $47.90 and a 12-month high of $71.57. The firm has a market cap of $29.75 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73.

About iShares MSCI Emerging Markets ETF

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.