SG Americas Securities LLC Has $11.31 Million Stock Position in iShares MSCI Emerging Markets ETF $EEM

SG Americas Securities LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 66.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 211,764 shares of the exchange traded fund’s stock after selling 420,041 shares during the period. SG Americas Securities LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,308,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EEM. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in iShares MSCI Emerging Markets ETF by 212.1% in the second 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 acquiring an additional 3,149,813 shares during the period. Corient Private Wealth LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares during the period. Invesco Ltd. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $100,644,000. Bank of Nova Scotia grew its position 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 valued at $108,078,000 after purchasing an additional 1,700,100 shares during the period. Finally, Bailard Inc. increased its stake in iShares MSCI Emerging Markets ETF by 670.9% during the 2nd quarter. Bailard Inc. now owns 1,894,392 shares of the exchange traded fund’s stock worth $91,385,000 after purchasing an additional 1,648,670 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $57.14 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $57.43. The company’s 50 day moving average price is $54.68 and its two-hundred day moving average price is $52.35. The company has a market capitalization of $22.04 billion, a P/E ratio of 14.46 and a beta of 0.64.

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.