J. Safra Sarasin Holding AG Cuts Holdings in iShares MSCI Emerging Markets ETF $EEM

J. Safra Sarasin Holding AG reduced its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 64.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,944 shares of the exchange traded fund’s stock after selling 27,502 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in iShares MSCI Emerging Markets ETF were worth $849,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Hsbc Holdings PLC raised its position in iShares MSCI Emerging Markets ETF by 74.9% in the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after acquiring an additional 2,823,265 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University boosted its position in shares of iShares MSCI Emerging Markets ETF by 25.8% during the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock worth $243,935,000 after purchasing an additional 915,248 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after purchasing an additional 196,473 shares in the last quarter. Mariner LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 23.8% during the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after purchasing an additional 447,010 shares during the period. Finally, Raymond James Financial Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 18.3% during the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after purchasing an additional 313,978 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.8%

Shares of iShares MSCI Emerging Markets ETF stock opened at $65.67 on Wednesday. iShares MSCI Emerging Markets ETF has a 12-month low of $47.98 and a 12-month high of $71.57. The stock has a market cap of $29.08 billion, a PE ratio of 14.46 and a beta of 0.72. The company has a 50-day moving average of $67.29 and a two-hundred day moving average of $62.05.

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). 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.