iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stock Position Raised by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co boosted its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,410 shares of the exchange traded fund’s stock after buying an additional 900 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in iShares MSCI Emerging Markets ETF were worth $1,648,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. DRW Securities LLC lifted 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 buying an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $105,980,000. LPL Financial LLC lifted its position in iShares MSCI Emerging Markets ETF by 6.2% in the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after buying an additional 123,741 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its position in iShares MSCI Emerging Markets ETF by 1.5% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock worth $80,984,000 after buying an additional 27,779 shares in the last quarter. Finally, Total Investment Management Inc. lifted its position in iShares MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Total Investment Management Inc. now owns 1,541,272 shares of the exchange traded fund’s stock worth $64,456,000 after buying an additional 54,732 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.1 %

EEM stock opened at $44.24 on Wednesday. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The company has a 50 day moving average of $42.76 and a two-hundred day moving average of $43.66.

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).