335,086 Shares of iShares MSCI Emerging Markets ETF $EEM Acquired by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 335,086 shares of the exchange traded fund’s stock, valued at approximately $22,380,000. Mesirow Financial Investment Management Inc. owned about 0.07% of iShares MSCI Emerging Markets ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of EEM. Bank of America Corp DE grew its stake in shares of iShares MSCI Emerging Markets ETF by 22.8% in the first quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after buying an additional 6,929,284 shares in the last quarter. Retirement Systems of Alabama acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter worth $609,880,000. Board of Trustees of The Leland Stanford Junior University increased its holdings in 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 last quarter. PNC Financial Services Group Inc. raised its position in iShares MSCI Emerging Markets ETF by 4.3% during the first quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after acquiring an additional 189,366 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in iShares MSCI Emerging Markets ETF by 9.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock worth $185,008,000 after acquiring an additional 228,966 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $60.57 on Wednesday. The firm has a 50-day moving average of $65.18 and a 200-day moving average of $63.90. iShares MSCI Emerging Markets ETF has a one year low of $52.38 and a one year high of $71.57. The company has a market cap of $28.07 billion, a PE ratio of 12.06 and a beta of 0.77.

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.