TD Waterhouse Canada Inc. Increases Stock Position in iShares MSCI Emerging Markets ETF $EEM

TD Waterhouse Canada Inc. grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 242.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 144,741 shares of the exchange traded fund’s stock after acquiring an additional 102,464 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $9,628,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 53.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 30,799 shares of the exchange traded fund’s stock valued at $1,685,000 after acquiring an additional 10,735 shares during the period. Erste Asset Management GmbH increased its position in iShares MSCI Emerging Markets ETF by 1.2% during the fourth quarter. Erste Asset Management GmbH now owns 759,519 shares of the exchange traded fund’s stock worth $41,553,000 after buying an additional 8,700 shares in the last quarter. Csenge Advisory Group raised its holdings in shares of iShares MSCI Emerging Markets ETF by 858.1% in the fourth quarter. Csenge Advisory Group now owns 54,192 shares of the exchange traded fund’s stock worth $2,965,000 after acquiring an additional 48,536 shares during the last quarter. Florida Financial Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth about $522,000. Finally, WCG Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $1,386,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.8%

Shares of NYSEARCA:EEM opened at $68.70 on Friday. The company has a market cap of $30.88 billion, a P/E ratio of 14.46 and a beta of 0.74. The business has a fifty day simple moving average of $65.77 and a 200-day simple moving average of $64.00. iShares MSCI Emerging Markets ETF has a 52 week low of $50.17 and a 52 week high of $71.57.

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.