Bayban bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 20,682 shares of the exchange traded fund’s stock, valued at approximately $1,132,000. iShares MSCI Emerging Markets ETF comprises about 1.0% of Bayban’s portfolio, making the stock its 18th biggest holding.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the period. AQR Capital Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 13.3% in the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after purchasing an additional 9,437 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $3,957,000. Gamco Investors INC. ET AL acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $462,000. Finally, Quantinno Capital Management LP raised its stake in iShares MSCI Emerging Markets ETF by 3.1% during the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after buying an additional 1,320 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Price Performance
Shares of NYSEARCA EEM opened at $70.79 on Friday. The company has a market capitalization of $31.35 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a twelve month low of $46.15 and a twelve month high of $70.92. The firm has a fifty day simple moving average of $65.85 and a 200 day simple moving average of $60.47.
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.
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