Gambit Capital Management LLC Acquires New Shares in iShares MSCI Emerging Markets ETF $EEM

Gambit Capital Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,607 shares of the exchange traded fund’s stock, valued at approximately $799,000.

Several other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after acquiring an additional 1,940 shares during the period. AQR Capital Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 13.3% during the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after purchasing an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $3,957,000. Gamco Investors INC. ET AL bought a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $462,000. Finally, Quantinno Capital Management LP raised its holdings in iShares MSCI Emerging Markets ETF by 3.1% in the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after purchasing an additional 1,320 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 0.2%

Shares of NYSEARCA EEM opened at $64.97 on Tuesday. iShares MSCI Emerging Markets ETF has a twelve month low of $45.23 and a twelve month high of $68.15. The stock has a market cap of $28.77 billion, a price-to-earnings ratio of 14.46 and a beta of 0.71. The company’s fifty day moving average is $60.80 and its 200-day moving average is $58.30.

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.