iShares MSCI Emerging Markets ETF $EEM Shares Bought by EFG Asset Management Americas Corp.

EFG Asset Management Americas Corp. grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 42.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,229 shares of the exchange traded fund’s stock after acquiring an additional 56,541 shares during the period. iShares MSCI Emerging Markets ETF comprises 1.7% of EFG Asset Management Americas Corp.’s portfolio, making the stock its 13th largest holding. EFG Asset Management Americas Corp.’s holdings in iShares MSCI Emerging Markets ETF were worth $10,051,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in EEM. Elevation Point Wealth Partners LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 232.3% in the 3rd quarter. Elevation Point Wealth Partners LLC now owns 63,983 shares of the exchange traded fund’s stock valued at $3,417,000 after purchasing an additional 44,727 shares in the last quarter. Cinctive Capital Management LP purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $1,000,000. Ausdal Financial Partners Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 2,766.2% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 123,678 shares of the exchange traded fund’s stock worth $6,604,000 after buying an additional 119,363 shares in the last quarter. BNP Paribas lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 44.5% in the 3rd quarter. BNP Paribas now owns 114,855 shares of the exchange traded fund’s stock valued at $6,133,000 after buying an additional 35,347 shares during the period. Finally, Argyle Capital Partners LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 35.1% in the 3rd quarter. Argyle Capital Partners LLC now owns 11,891 shares of the exchange traded fund’s stock valued at $635,000 after buying an additional 3,090 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $56.80 on Friday. The business’s fifty day moving average price is $59.38 and its 200 day moving average price is $55.69. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $65.96. The firm has a market capitalization of $25.89 billion, a PE 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.