Prudential PLC Has $18.04 Million Stake in iShares MSCI Emerging Markets ETF $EEM

Prudential PLC boosted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 329,750 shares of the exchange traded fund’s stock after purchasing an additional 14,700 shares during the quarter. Prudential PLC’s holdings in iShares MSCI Emerging Markets ETF were worth $18,041,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MidAtlantic Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $25,000. Elevated Capital Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $31,000. BTG Pactual Asset Management US LLC raised its stake in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares in the last quarter. Woodside Wealth Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $33,000. Finally, Mondrian Investment Partners LTD acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.2%

Shares of iShares MSCI Emerging Markets ETF stock opened at $69.10 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $46.15 and a twelve month high of $70.86. The company has a 50-day simple moving average of $63.45 and a two-hundred day simple moving average of $59.45. The stock has a market capitalization of $30.60 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73.

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.