iShares MSCI Emerging Markets ETF $EEM Shares Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 27.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 120,009 shares of the exchange traded fund’s stock after purchasing an additional 25,515 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,408,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. JPMorgan Chase & Co. increased its position in shares of iShares MSCI Emerging Markets ETF by 11.6% in the second quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock worth $580,964,000 after acquiring an additional 1,256,608 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in iShares MSCI Emerging Markets ETF by 212.1% in the 2nd 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 purchasing an additional 3,149,813 shares in the last quarter. Corient Private Wealth LLC raised its position in iShares MSCI Emerging Markets ETF by 206.0% in the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after purchasing an additional 2,181,269 shares during the period. Bank of Nova Scotia lifted its stake in shares of iShares MSCI Emerging Markets ETF by 314.6% during the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after purchasing an additional 1,700,100 shares in the last quarter. Finally, Invesco Ltd. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $100,644,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $59.10 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $60.95. The firm has a market cap of $25.29 billion, a P/E ratio of 14.46 and a beta of 0.64. The stock has a 50-day simple moving average of $55.89 and a 200-day simple moving average of $53.46.

iShares MSCI Emerging Markets ETF 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.