Allianz SE Grows Position in iShares MSCI Emerging Markets ETF $EEM

Allianz SE increased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 383,216 shares of the exchange traded fund’s stock after acquiring an additional 8,466 shares during the quarter. Allianz SE owned about 0.10% of iShares MSCI Emerging Markets ETF worth $20,464,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Versant Capital Management Inc increased its holdings in shares of iShares MSCI Emerging Markets ETF by 369.7% in the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 366 shares during the last quarter. Richardson Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $33,000. Traub Capital Management LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $34,000. Heartwood Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at $37,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at $40,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.2%

iShares MSCI Emerging Markets ETF stock opened at $62.58 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $65.96. The firm’s fifty day moving average is $58.65 and its 200 day moving average is $55.08. The company has a market cap of $28.53 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

iShares MSCI Emerging Markets ETF 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.