iShares MSCI Emerging Markets ETF $EEM Stock Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 108.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 302,272 shares of the exchange traded fund’s stock after purchasing an additional 157,531 shares during the quarter. TD Waterhouse Canada Inc. owned 0.07% of iShares MSCI Emerging Markets ETF worth $20,210,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Banque Pictet & Cie SA acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $15,061,000. Hanson & Doremus Investment Management purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $97,000. Aspiriant LLC purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $2,602,000. Halbert Hargrove Global Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $68,571,000. Finally, First Merchants Corp purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $2,612,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.7%

EEM stock opened at $62.85 on Friday. The firm has a 50 day moving average of $66.89 and a 200-day moving average of $65.65. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57. The company 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 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.