Allianz SE Has $21.73 Million Stake in iShares MSCI Emerging Markets ETF $EEM

Allianz SE lifted its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.6% during the 4th quarter, HoldingsChannel reports. The fund owned 397,182 shares of the exchange traded fund’s stock after purchasing an additional 13,966 shares during the period. Allianz SE’s holdings in iShares MSCI Emerging Markets ETF were worth $21,730,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Asempa Wealth Advisors acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $593,000. Bradley Foster & Sargent Inc. CT boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 59.0% during the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock valued at $2,795,000 after acquiring an additional 19,432 shares in the last quarter. Kelsey Financial LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $1,038,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 92.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock valued at $12,632,000 after acquiring an additional 110,888 shares in the last quarter. Finally, Allium Financial Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 35.3% during the 3rd quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock valued at $5,931,000 after acquiring an additional 28,998 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

Shares of EEM opened at $67.88 on Friday. The company has a market capitalization of $30.06 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’s 50-day moving average price is $64.64 and its two-hundred day moving average price is $59.93.

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.