SG Americas Securities LLC decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 26.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 285,279 shares of the exchange traded fund’s stock after selling 104,404 shares during the period. SG Americas Securities LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $16,201,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $407,231,000. Hsbc Holdings PLC boosted its holdings 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 during the last quarter. National Bank of Canada FI boosted its holdings in 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 worth $105,689,000 after purchasing an additional 1,969,944 shares during the last quarter. Duquesne Family Office LLC bought a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at $101,460,000. Finally, MKP Capital Management L.L.C. bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $90,983,000. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Trading Up 1.1%
Shares of EEM stock opened at $67.96 on Friday. The firm’s fifty day moving average price is $66.44 and its two-hundred day moving average price is $60.91. iShares MSCI Emerging Markets ETF has a 1 year low of $47.90 and a 1 year high of $71.57. The firm has a market capitalization of $30.09 billion, a P/E ratio of 14.46 and a beta of 0.73.
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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