Barings LLC Lowers Stake in iShares MSCI Emerging Markets ETF $EEM

Barings LLC lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 62.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 197,788 shares of the exchange traded fund’s stock after selling 332,896 shares during the period. Barings LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $10,821,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EEM. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $407,231,000. LPL Financial LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after purchasing an additional 196,473 shares in the last quarter. Mariner LLC lifted its stake in shares of 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 purchasing an additional 447,010 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of 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 purchasing an additional 313,978 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in shares of 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 purchasing an additional 1,969,944 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $67.50 on Friday. The stock’s 50-day moving average is $64.43 and its two-hundred day moving average is $59.87. The stock has a market cap of $29.89 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 12 month low of $46.15 and a 12 month high of $70.86.

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.