HighTower Advisors LLC Grows Holdings in iShares MSCI Emerging Markets ETF $EEM

HighTower Advisors LLC grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,236,592 shares of the exchange traded fund’s stock after acquiring an additional 31,869 shares during the quarter. HighTower Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $67,654,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in EEM. Brighton Jones LLC boosted its position in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after buying an additional 1,940 shares during the period. AQR Capital Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 13.3% in the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $3,957,000. Gamco Investors INC. ET AL purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $462,000. Finally, Quantinno Capital Management LP boosted its position in iShares MSCI Emerging Markets ETF by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after buying an additional 1,320 shares during the period. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $65.46 on Thursday. iShares MSCI Emerging Markets ETF has a 1 year low of $45.23 and a 1 year high of $68.15. The firm has a 50-day moving average of $61.08 and a two-hundred day moving average of $58.42. The stock has a market cap of $28.99 billion, a price-to-earnings ratio of 14.46 and a beta of 0.71.

About iShares MSCI Emerging Markets ETF

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.