HWG Holdings LP Makes New Investment in iShares MSCI Emerging Markets ETF $EEM

HWG Holdings LP purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 55,225 shares of the exchange traded fund’s stock, valued at approximately $2,949,000. iShares MSCI Emerging Markets ETF makes up 0.7% of HWG Holdings LP’s portfolio, making the stock its 29th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in iShares MSCI Emerging Markets ETF by 11.6% during the second quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock valued at $580,964,000 after acquiring an additional 1,256,608 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of iShares MSCI Emerging Markets ETF by 212.1% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock valued at $223,062,000 after purchasing an additional 3,149,813 shares during the period. Corient Private Wealth LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 206.0% during the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after purchasing an additional 2,181,269 shares during the last quarter. Bank of Nova Scotia lifted its stake in shares of iShares MSCI Emerging Markets ETF by 314.6% in the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after purchasing an additional 1,700,100 shares during the period. Finally, Invesco Ltd. bought a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $100,644,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.5%

Shares of NYSEARCA EEM opened at $54.01 on Tuesday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $56.31. The firm has a market capitalization of $20.54 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The firm has a 50 day moving average of $54.45 and a 200 day moving average of $51.58.

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). 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.