Del Sette Capital Management LLC Grows Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Del Sette Capital Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.5% in the 3rd quarter, Holdings Channel reports. The firm owned 128,661 shares of the exchange traded fund’s stock after buying an additional 10,089 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 4.3% of Del Sette Capital Management LLC’s portfolio, making the stock its 4th largest holding. Del Sette Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,870,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth $407,231,000. 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. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $100,644,000. National Bank of Canada FI lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 21,534.1% during the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after purchasing an additional 1,969,944 shares during the last quarter. Finally, Duquesne Family Office LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $101,460,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

Shares of EEM opened at $58.75 on Wednesday. The business’s 50-day moving average price is $59.44 and its 200 day moving average price is $55.86. The stock has a market capitalization of $26.78 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $65.96.

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.