Callan Family Office LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 1.7% during the 4th quarter, HoldingsChannel reports. The fund owned 124,576 shares of the exchange traded fund’s stock after acquiring an additional 2,099 shares during the quarter. Callan Family Office LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,210,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. DRW Securities LLC raised its position in iShares MSCI Emerging Markets ETF by 603.8% in the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $105,980,000. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $67,244,000. Erste Asset Management GmbH purchased a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $29,856,000. Finally, Flow Traders U.S. LLC bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $17,112,000. 81.39% of the stock is currently owned by institutional investors.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of EEM stock opened at $44.20 on Friday. The company has a market capitalization of $16.37 billion, a P/E ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The stock has a 50 day moving average price of $42.95 and a two-hundred day moving average price of $43.70.
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).
Further Reading
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- When to Sell a Stock for Profit or Loss
- Investing in Small-Cap AI: Powering the Next Tech Revolution
- What is a Secondary Public Offering? What Investors Need to Know
- Occidental Petroleum Drops to 52-Week Low: Buy, Sell, or Hold?
- 3 REITs to Buy and Hold for the Long Term
- Super Micro Computer Is Now NASDAQ Compliant—But Is It a Buy?
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
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.
