MKP Capital Management L.L.C. Takes $90.98 Million Position in iShares MSCI Emerging Markets ETF $EEM

MKP Capital Management L.L.C. acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 1,663,000 shares of the exchange traded fund’s stock, valued at approximately $90,983,000. iShares MSCI Emerging Markets ETF makes up 3.2% of MKP Capital Management L.L.C.’s holdings, making the stock its 3rd biggest holding.

Several other institutional investors also recently made changes to their positions in EEM. Three Bridge Wealth Advisors LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.3% during the 4th quarter. Three Bridge Wealth Advisors LLC now owns 141,770 shares of the exchange traded fund’s stock valued at $7,756,000 after acquiring an additional 3,201 shares in the last quarter. Colton Groome Financial Advisors LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 7.5% during the 4th quarter. Colton Groome Financial Advisors LLC now owns 294,476 shares of the exchange traded fund’s stock valued at $16,111,000 after acquiring an additional 20,540 shares in the last quarter. JMG Financial Group Ltd. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 14.9% during the 4th quarter. JMG Financial Group Ltd. now owns 23,441 shares of the exchange traded fund’s stock valued at $1,282,000 after acquiring an additional 3,038 shares in the last quarter. Florida Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $522,000. Finally, Clear Harbor Asset Management LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 38.8% during the 4th quarter. Clear Harbor Asset Management LLC now owns 24,543 shares of the exchange traded fund’s stock valued at $1,343,000 after acquiring an additional 6,862 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 2.2%

NYSEARCA:EEM opened at $70.08 on Tuesday. The firm has a market capitalization of $31.03 billion, a price-to-earnings ratio of 14.46 and a beta of 0.71. The firm’s fifty day simple moving average is $62.65 and its 200 day simple moving average is $59.14. iShares MSCI Emerging Markets ETF has a twelve month low of $45.52 and a twelve month high of $70.51.

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.