Lexington Hill Partners LLC Acquires New Position in iShares MSCI Emerging Markets ETF $EEM

Lexington Hill Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 24,306 shares of the exchange traded fund’s stock, valued at approximately $1,330,000. iShares MSCI Emerging Markets ETF accounts for 1.0% of Lexington Hill Partners LLC’s holdings, making the stock its 23rd biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EEM. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $25,000. BTG Pactual Asset Management US LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $31,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 3.3%

EEM opened at $70.79 on Friday. The stock has a fifty day moving average price of $65.64 and a 200 day moving average price of $60.40. iShares MSCI Emerging Markets ETF has a 1 year low of $46.15 and a 1 year high of $70.92. The stock has a market cap of $31.35 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.