Y Intercept Hong Kong Ltd reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 75.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,985 shares of the exchange traded fund’s stock after selling 80,519 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in iShares MSCI Emerging Markets ETF were worth $1,087,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of EEM. Union Bancaire Privee UBP SA purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $5,325,000. KM Capital Management Ltd. purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $667,000. Delap Wealth Advisory LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 2.2% in the fourth quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after acquiring an additional 257 shares in the last quarter. Alexander Randolph Advisory Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 35.1% during the fourth quarter. Alexander Randolph Advisory Inc. now owns 9,951 shares of the exchange traded fund’s stock worth $416,000 after acquiring an additional 2,585 shares during the period. Finally, First Horizon Advisors Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 2.5% in the fourth quarter. First Horizon Advisors Inc. now owns 21,864 shares of the exchange traded fund’s stock valued at $914,000 after acquiring an additional 535 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Trading Up 1.0 %
NYSEARCA:EEM opened at $44.68 on Thursday. The stock has a fifty day moving average price of $42.81 and a 200 day moving average price of $43.67. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The firm has a market cap of $16.55 billion, a PE ratio of 14.53 and a beta of 0.70.
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).
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