CX Institutional Takes $178,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

CX Institutional purchased a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,071 shares of the exchange traded fund’s stock, valued at approximately $178,000.

Several other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. grew its position in iShares MSCI Emerging Markets ETF by 1,724.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock valued at $310,586,000 after purchasing an additional 7,883,989 shares during the period. TD Asset Management Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 4.9% during the 4th quarter. TD Asset Management Inc. now owns 4,423,372 shares of the exchange traded fund’s stock worth $184,985,000 after acquiring an additional 207,719 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings 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 boosted its holdings in iShares MSCI Emerging Markets ETF by 233.0% during the 4th quarter. Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock worth $114,532,000 after acquiring an additional 1,916,377 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 14.8% during the 4th quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock worth $101,682,000 after acquiring an additional 312,551 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $47.11 on Monday. The company has a market capitalization of $17.74 billion, a price-to-earnings ratio of 13.99 and a beta of 0.62. The firm’s fifty day moving average price is $44.66 and its two-hundred day moving average price is $43.71. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $47.97.

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).