Everstar Asset Management LLC Boosts Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Everstar Asset Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,642 shares of the exchange traded fund’s stock after purchasing an additional 1,143 shares during the period. iShares MSCI Emerging Markets ETF makes up 1.0% of Everstar Asset Management LLC’s portfolio, making the stock its 24th biggest holding. Everstar Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,407,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in iShares MSCI Emerging Markets ETF by 1,724.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after buying an additional 7,883,989 shares in the last quarter. TD Asset Management Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 4.9% during the 4th quarter. TD Asset Management Inc. now owns 4,423,372 shares of the exchange traded fund’s stock worth $184,985,000 after acquiring an additional 207,719 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in iShares MSCI Emerging Markets ETF by 4,632.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after acquiring an additional 3,203,501 shares in the last quarter. LPL Financial LLC increased its stake in iShares MSCI Emerging Markets ETF by 14.8% in the fourth quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock valued at $101,682,000 after acquiring an additional 312,551 shares during the last quarter. Finally, SPX Gestao de Recursos Ltda purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at about $105,980,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $43.77 on Monday. The company has a market capitalization of $16.58 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. The business has a 50 day moving average of $43.80 and a 200 day moving average of $43.87. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44.

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).