Mirabaud & Cie SA trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 84.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 14,050 shares of the exchange traded fund’s stock after selling 75,735 shares during the period. Mirabaud & Cie SA’s holdings in iShares MSCI Emerging Markets ETF were worth $769,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd bought a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $407,231,000. Corient Private Wealth LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares during the last quarter. Invesco Ltd. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth about $100,644,000. National Bank of Canada FI increased its stake in shares of iShares MSCI Emerging Markets ETF by 21,534.1% in the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after buying an additional 1,969,944 shares during the period. Finally, Duquesne Family Office LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $101,460,000. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Price Performance
Shares of NYSEARCA EEM opened at $57.23 on Thursday. The company has a 50 day simple moving average of $59.20 and a 200 day simple moving average of $56.26. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $65.96. The firm has a market cap of $26.09 billion, a PE ratio of 14.46 and a beta of 0.64.
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.
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