DRW Securities LLC Buys 2,344,192 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

DRW Securities LLC increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 603.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,732,449 shares of the exchange traded fund’s stock after purchasing an additional 2,344,192 shares during the period. iShares MSCI Emerging Markets ETF accounts for approximately 3.5% of DRW Securities LLC’s investment portfolio, making the stock its 2nd biggest position. DRW Securities LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $125,310,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diversified Trust Co boosted its stake in iShares MSCI Emerging Markets ETF by 25.6% during the 2nd quarter. Diversified Trust Co now owns 10,972 shares of the exchange traded fund’s stock worth $467,000 after purchasing an additional 2,235 shares during the last quarter. Mayflower Financial Advisors LLC boosted its stake in iShares MSCI Emerging Markets ETF by 28.6% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 16,403 shares of the exchange traded fund’s stock worth $699,000 after purchasing an additional 3,648 shares during the last quarter. Ninety One UK Ltd acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth $2,666,000. Viewpoint Capital Management LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.7% during the 2nd quarter. Viewpoint Capital Management LLC now owns 40,351 shares of the exchange traded fund’s stock worth $1,719,000 after purchasing an additional 680 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in iShares MSCI Emerging Markets ETF by 75.4% during the 2nd quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock worth $1,363,000 after purchasing an additional 13,761 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $43.28 on Monday. The stock’s 50 day simple moving average is $44.94 and its 200-day simple moving average is $43.53. iShares MSCI Emerging Markets ETF has a 1-year low of $37.48 and a 1-year high of $47.44.

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).