Banco Santander S.A. Has $6.27 Million Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Banco Santander S.A. increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 373.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 149,919 shares of the exchange traded fund’s stock after purchasing an additional 118,227 shares during the period. Banco Santander S.A.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,270,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in EEM. Teachers Insurance & Annuity Association of America bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $37,000. Compass Planning Associates Inc acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $36,000. Creative Capital Management Investments LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $38,000. Atmos Advisory LLC acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $40,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $41,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $44.42 on Friday. The firm has a market cap of $16.45 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. The firm’s 50-day simple moving average is $42.99 and its 200-day simple moving average is $43.70. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44.

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).