Juncture Wealth Strategies LLC raised its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 27.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,251 shares of the exchange traded fund’s stock after buying an additional 19,505 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 1.6% of Juncture Wealth Strategies LLC’s holdings, making the stock its 11th largest holding. Juncture Wealth Strategies LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,095,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in EEM. Bank of America Corp DE grew its holdings in shares of iShares MSCI Emerging Markets ETF by 22.8% in the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock worth $2,120,424,000 after acquiring an additional 6,929,284 shares during the period. Board of Trustees of The Leland Stanford Junior University raised its holdings in iShares MSCI Emerging Markets ETF by 102.7% during the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after purchasing an additional 4,577,226 shares during the last quarter. Hsbc Holdings PLC boosted its position in iShares MSCI Emerging Markets ETF by 74.9% during the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in iShares MSCI Emerging Markets ETF by 4.3% during the first quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after purchasing an additional 189,366 shares in the last quarter. Finally, LPL Financial LLC boosted its position in iShares MSCI Emerging Markets ETF by 6.1% during the fourth 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. 81.39% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Price Performance
iShares MSCI Emerging Markets ETF stock traded down $0.46 during trading hours on Tuesday, hitting $68.27. The stock had a trading volume of 14,482,868 shares, compared to its average volume of 31,623,518. iShares MSCI Emerging Markets ETF has a 1-year low of $51.82 and a 1-year high of $71.57. The stock has a market capitalization of $31.74 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The stock’s fifty day moving average is $66.62 and its two-hundred day moving average is $65.14.
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.
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