1 week Ago By ABMN Staff
Shares of iShares MSCI Emerging Markets ETF ( NYSEARCA:EEM – Get Free Report ) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $38.57 and last traded at $39.
04, with a volume of 74322794 shares changing hands. The stock had previously closed at $40.58.
iShares MSCI Emerging Markets ETF Trading Down 3.7 % The business’s fifty day simple moving average is $43.78 and its 200 day simple moving average is $43.
84. The stock has a market cap of $14.86 billion, a price-to-earnings ratio of 14.
53 and a beta of 0.63. Institutional Investors Weigh In On iShares MSCI Emerging Markets ETF A number of institutional investors have recently made changes to their positions in the stock.
JPMorgan Chase & Co. boosted its holdings in iShares MSCI Emerging Markets ETF by 1,724.2% during the fourth quarter.
JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after buying an additional 7,883,989 shares during the last quarter. TD Asset Management Inc.
raised its position in shares of iShares MSCI Emerging Markets ETF by 4.9% in the 4th quarter. TD Asset Management Inc.
now owns 4,423,372 shares of the exchange traded fund’s stock valued at $184,985,000 after acquiring an additional 207,719 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in iShares MSCI Emerging Markets ETF by 4,632.1% during the 4th quarter.
Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after acquiring an additional 3,203,501 shares during the last quarter. Lazard Asset Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 233.0% during the fourth quarter.
Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock valued at $114,532,000 after purchasing an additional 1,916,377 shares during the period. Finally, LPL Financial LLC raised its holdings in iShares MSCI Emerging Markets ETF by 14.8% in the fourth quarter.
LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock worth $101,682,000 after purchasing an additional 312,551 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.
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). Further Reading Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter .
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