iShares MSCI Emerging Markets ETF $EEM Shares Bought by Parallel Advisors LLC

Parallel Advisors LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 128,770 shares of the exchange traded fund’s stock after buying an additional 9,843 shares during the quarter. Parallel Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,045,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $407,231,000. Mariner LLC grew its position in iShares MSCI Emerging Markets ETF by 23.8% during the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after buying an additional 447,010 shares during the period. Raymond James Financial Inc. grew its position in iShares MSCI Emerging Markets ETF by 18.3% during the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after buying an additional 313,978 shares during the period. National Bank of Canada FI grew its position in iShares MSCI Emerging Markets ETF by 21,534.1% during the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after buying an additional 1,969,944 shares during the period. Finally, Duquesne Family Office LLC acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $101,460,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 1.2%

Shares of EEM opened at $69.10 on Friday. The firm’s 50-day moving average is $63.45 and its two-hundred day moving average is $59.45. iShares MSCI Emerging Markets ETF has a twelve month low of $46.15 and a twelve month high of $70.86. The firm has a market capitalization of $30.60 billion, a P/E ratio of 14.46 and a beta of 0.73.

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.