Cetera Investment Advisers Grows Stake in iShares MSCI Emerging Markets ETF $EEM

Cetera Investment Advisers raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 24.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,197,959 shares of the exchange traded fund’s stock after purchasing an additional 236,262 shares during the period. Cetera Investment Advisers’ holdings in iShares MSCI Emerging Markets ETF were worth $68,032,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EEM. Brighton Jones LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after purchasing an additional 1,940 shares in the last quarter. AQR Capital Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 13.3% during the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $3,957,000. Gamco Investors INC. ET AL acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $462,000. Finally, Quantinno Capital Management LP raised its stake in 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 valued at $2,117,000 after buying an additional 1,320 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $63.33 on Friday. The company has a market cap of $28.47 billion, a PE ratio of 14.46 and a beta of 0.72. The business has a 50-day simple moving average of $66.88 and a two-hundred day simple moving average of $62.53. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.98 and a fifty-two week high of $71.57.

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). 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.