Joseph Group Capital Management Grows Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Joseph Group Capital Management lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 25.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,595 shares of the exchange traded fund’s stock after buying an additional 527 shares during the quarter. Joseph Group Capital Management’s holdings in iShares MSCI Emerging Markets ETF were worth $109,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in iShares MSCI Emerging Markets ETF by 1,724.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after acquiring an additional 7,883,989 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of iShares MSCI Emerging Markets ETF by 4,632.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after purchasing an additional 3,203,501 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter worth about $105,980,000. Raymond James Financial Inc. bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $67,244,000. Finally, Allstate Corp bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $58,336,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.9 %

NYSEARCA:EEM opened at $43.77 on Friday. The company has a market cap of $16.58 billion, a PE ratio of 14.88 and a beta of 0.72. The business’s 50 day moving average is $43.80 and its two-hundred day moving average is $43.86. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44.

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).