Glaxis Capital Management LLC Has $4.92 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Glaxis Capital Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 147.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 90,000 shares of the exchange traded fund’s stock after buying an additional 53,580 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 8.3% of Glaxis Capital Management LLC’s portfolio, making the stock its 3rd largest position. Glaxis Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,924,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Hazlett Burt & Watson Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 5.3% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after buying an additional 169 shares during the last quarter. Resonant Capital Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.4% in the 4th quarter. Resonant Capital Advisors LLC now owns 14,036 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 195 shares during the last quarter. Van Hulzen Asset Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 3.8% in the 4th quarter. Van Hulzen Asset Management LLC now owns 5,531 shares of the exchange traded fund’s stock valued at $303,000 after buying an additional 200 shares during the last quarter. Welch & Forbes LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.3% in the 4th quarter. Welch & Forbes LLC now owns 15,432 shares of the exchange traded fund’s stock valued at $844,000 after buying an additional 200 shares during the last quarter. Finally, Aspiriant LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 0.5% in the 4th quarter. Aspiriant LLC now owns 39,780 shares of the exchange traded fund’s stock valued at $2,176,000 after buying an additional 204 shares during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 4.4%

NYSEARCA EEM opened at $67.50 on Friday. The company has a market cap of $29.89 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 12 month low of $46.15 and a 12 month high of $70.86. The stock has a 50 day moving average of $64.43 and a 200-day moving average of $59.87.

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). 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.