AlTi Global Inc. Increases Stake in iShares MSCI Emerging Markets ETF $EEM

AlTi Global Inc. raised its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 28.2% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 78,903 shares of the exchange traded fund’s stock after purchasing an additional 17,337 shares during the quarter. AlTi Global Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $4,481,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of EEM. Allen Investment Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 41.8% in the first quarter. Allen Investment Management LLC now owns 73,856 shares of the exchange traded fund’s stock worth $4,194,000 after buying an additional 21,755 shares in the last quarter. Commonwealth Financial Services LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $3,448,000. Board of Trustees of The Leland Stanford Junior University increased its position in shares of iShares MSCI Emerging Markets ETF by 102.7% during the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock valued at $513,150,000 after acquiring an additional 4,577,226 shares in the last quarter. NWK Group Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $60,000. Finally, Balefire LLC raised its holdings in iShares MSCI Emerging Markets ETF by 6.8% in the 1st quarter. Balefire LLC now owns 65,066 shares of the exchange traded fund’s stock worth $3,695,000 after acquiring an additional 4,119 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $63.29 on Monday. The stock has a market capitalization of $28.02 billion, a PE ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 12-month low of $47.98 and a 12-month high of $71.57. The stock’s 50 day simple moving average is $67.11 and its 200 day simple moving average is $62.25.

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.