Generali Asset Management SPA SGR Acquires New Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Generali Asset Management SPA SGR bought a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 15,000 shares of the exchange traded fund’s stock, valued at approximately $627,000.

A number of other institutional investors have also modified their holdings of the stock. DRW Securities LLC lifted its stake in iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after acquiring an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $105,980,000. LPL Financial LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 6.2% during the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after purchasing an additional 123,741 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 1.5% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after buying an additional 27,779 shares during the period. Finally, Raymond James Financial Inc. bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $67,244,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.9 %

iShares MSCI Emerging Markets ETF stock opened at $44.80 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The business has a fifty day moving average of $43.44 and a two-hundred day moving average of $43.76. The firm has a market cap of $16.97 billion, a P/E ratio of 14.88 and a beta of 0.72.

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).