Larch Capital Partners LLC Purchases New Position in iShares MSCI Emerging Markets ETF $EEM

Larch Capital Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 65,815 shares of the exchange traded fund’s stock, valued at approximately $3,601,000. iShares MSCI Emerging Markets ETF accounts for approximately 0.5% of Larch Capital Partners LLC’s investment portfolio, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $407,231,000. National Bank of Canada FI grew its position in iShares MSCI Emerging Markets ETF by 21,534.1% in the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after acquiring an additional 1,969,944 shares in the last quarter. Duquesne Family Office LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $101,460,000. MKP Capital Management L.L.C. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $90,983,000. Finally, SPX Gestao de Recursos Ltda raised its stake in shares of iShares MSCI Emerging Markets ETF by 1,133.3% during the third quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock valued at $79,032,000 after purchasing an additional 1,360,000 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 3.3%

NYSEARCA EEM opened at $70.79 on Friday. The company’s fifty day simple moving average is $65.64 and its 200-day simple moving average is $60.40. iShares MSCI Emerging Markets ETF has a 52 week low of $46.15 and a 52 week high of $70.92. The stock has a market cap of $31.35 billion, a P/E ratio of 14.46 and a beta of 0.73.

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.