Lexington Hill Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 24,306 shares of the exchange traded fund’s stock, valued at approximately $1,330,000. iShares MSCI Emerging Markets ETF makes up about 1.0% of Lexington Hill Partners LLC’s holdings, making the stock its 23rd biggest position.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after acquiring an additional 169 shares in the last quarter. Cim LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 3.0% in the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after acquiring an additional 182 shares in the last quarter. Nicolet Advisory Services LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 2.9% in the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after acquiring an additional 184 shares in the last quarter. Vivaldi Capital Management LP boosted its stake in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock worth $609,000 after purchasing an additional 186 shares during the period. Finally, FAS Wealth Partners Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 7.7% in the 4th quarter. FAS Wealth Partners Inc. now owns 2,601 shares of the exchange traded fund’s stock worth $142,000 after acquiring an additional 187 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Trading Up 3.3%
Shares of NYSEARCA EEM opened at $70.79 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.92. The firm has a market capitalization of $31.35 billion, a PE ratio of 14.46 and a beta of 0.73. The business has a 50-day moving average price of $65.64 and a two-hundred day moving average price of $60.40.
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.
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