TD Waterhouse Canada Inc. grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 108.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 302,272 shares of the exchange traded fund’s stock after purchasing an additional 157,531 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $20,210,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares MSCI Emerging Markets ETF by 22.8% during the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock worth $2,120,424,000 after buying an additional 6,929,284 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University boosted its position in shares of iShares MSCI Emerging Markets ETF by 102.7% in the 1st 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 in the last quarter. Hsbc Holdings PLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after buying an additional 2,823,265 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 4.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after buying an additional 189,366 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in iShares MSCI Emerging Markets ETF by 9.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock valued at $185,008,000 after acquiring an additional 228,966 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Trading Down 1.7%
Shares of NYSEARCA EEM opened at $62.85 on Friday. The stock has a market cap of $29.13 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 52 week low of $52.38 and a 52 week high of $71.57. The company’s 50-day moving average price is $66.89 and its 200 day moving average price is $65.65.
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.
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Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
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