iShares MSCI Emerging Markets ETF $EEM Shares Purchased by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 55.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,359 shares of the exchange traded fund’s stock after buying an additional 25,813 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,959,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EEM. Brighton Jones LLC increased its stake in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after buying an additional 1,940 shares during the period. AQR Capital Management LLC increased its stake in iShares MSCI Emerging Markets ETF by 13.3% during the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $3,957,000. Gamco Investors INC. ET AL acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $462,000. Finally, Quantinno Capital Management LP increased its stake in iShares MSCI Emerging Markets ETF by 3.1% during the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after buying an additional 1,320 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 4.4%

iShares MSCI Emerging Markets ETF stock opened at $67.50 on Friday. The stock has a market cap of $29.89 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The company’s 50-day moving average price is $64.43 and its two-hundred day moving average price is $59.87. iShares MSCI Emerging Markets ETF has a 52 week low of $46.15 and a 52 week 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.