Mirabaud & Cie SA Has $769,000 Stake in iShares MSCI Emerging Markets ETF $EEM

Mirabaud & Cie SA reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 84.4% in the 4th quarter, Holdings Channel reports. The firm owned 14,050 shares of the exchange traded fund’s stock after selling 75,735 shares during the quarter. Mirabaud & Cie SA’s holdings in iShares MSCI Emerging Markets ETF were worth $769,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EEM. Brighton Jones LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares during the period. AQR Capital Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 13.3% in 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 acquiring an additional 9,437 shares during the last quarter. Van Hulzen Asset Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $267,000. Arrowstreet Capital Limited Partnership acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $3,957,000. Finally, Beacon Pointe Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 13.3% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 84,096 shares of the exchange traded fund’s stock worth $4,057,000 after purchasing an additional 9,847 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $57.23 on Thursday. The company has a market capitalization of $26.09 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $65.96. The company’s 50 day moving average price is $59.20 and its 200-day moving average price is $56.26.

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.