iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stock Position Raised by StoneX Group Inc.

StoneX Group Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 15.9% during the 4th quarter, HoldingsChannel reports. The firm owned 76,492 shares of the exchange traded fund’s stock after buying an additional 10,484 shares during the quarter. StoneX Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,199,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Emerging Markets ETF by 1,724.2% in the fourth 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 during the period. TD Asset Management Inc. boosted its position in 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 period. Arrowstreet Capital Limited Partnership grew its stake in iShares MSCI Emerging Markets ETF by 4,632.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock valued at $136,863,000 after acquiring an additional 3,203,501 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 14.8% in the 4th quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock valued at $101,682,000 after purchasing an additional 312,551 shares during the period. Finally, SPX Gestao de Recursos Ltda purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $105,980,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 0.2 %

EEM stock opened at $43.70 on Tuesday. The company has a 50 day moving average of $43.83 and a two-hundred day moving average of $43.88. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The company has a market cap of $16.56 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72.

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).