iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC grew its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4,270.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 66,948 shares of the exchange traded fund’s stock after purchasing an additional 65,416 shares during the quarter. GAMMA Investing LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,926,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Emerging Markets ETF by 1,724.2% in the fourth 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 during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of iShares MSCI Emerging Markets ETF by 4,632.1% in 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 acquiring an additional 3,203,501 shares during the last quarter. Lazard Asset Management LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 233.0% in the fourth quarter. Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock worth $114,532,000 after acquiring an additional 1,916,377 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $67,244,000. Finally, Allstate Corp acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $58,336,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $47.87 on Friday. The company’s 50 day simple moving average is $44.49 and its 200 day simple moving average is $43.67. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $47.97. The stock has a market capitalization of $18.03 billion, a PE ratio of 13.99 and a beta of 0.62.

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).