Lido Advisors LLC cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 7.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 207,506 shares of the exchange traded fund’s stock after selling 16,135 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,784,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently bought and sold shares of the company. Board of Trustees of The Leland Stanford Junior University lifted its stake in shares of iShares MSCI Emerging Markets ETF by 102.7% during the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after buying an additional 4,577,226 shares during the period. Hsbc Holdings PLC increased its position in shares of iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after acquiring an additional 2,823,265 shares during the period. PNC Financial Services Group Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 4.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock valued at $261,864,000 after acquiring an additional 189,366 shares during the period. LPL Financial LLC raised its stake in iShares MSCI Emerging Markets ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after acquiring an additional 196,473 shares during the last quarter. Finally, Mariner LLC raised its stake in iShares MSCI Emerging Markets ETF by 23.8% in the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after acquiring an additional 447,010 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of EEM opened at $64.60 on Friday. The stock has a 50-day moving average of $66.91 and a two-hundred day moving average of $62.52. The stock has a market cap of $29.04 billion, a P/E ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a one year low of $47.98 and a one year high of $71.57.
About iShares MSCI Emerging Markets ETF
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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