iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Acquired by Next Capital Management LLC

Next Capital Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 25.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,484 shares of the exchange traded fund’s stock after acquiring an additional 7,860 shares during the quarter. Next Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,609,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of EEM. QRG Capital Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $205,000. Jones Financial Companies Lllp grew its position in iShares MSCI Emerging Markets ETF by 70.3% during the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock worth $513,000 after purchasing an additional 5,063 shares in the last quarter. Victory Capital Management Inc. raised its stake in iShares MSCI Emerging Markets ETF by 25.0% during the 4th quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock valued at $19,765,000 after purchasing an additional 94,633 shares during the period. Allspring Global Investments Holdings LLC raised its position in iShares MSCI Emerging Markets ETF by 41.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 45,133 shares of the exchange traded fund’s stock valued at $1,887,000 after buying an additional 13,160 shares during the period. Finally, Bleakley Financial Group LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $204,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.5 %

Shares of NYSEARCA:EEM opened at $45.11 on Wednesday. The firm has a fifty day moving average of $43.31 and a two-hundred day moving average of $43.75. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The firm has a market capitalization of $17.09 billion, a P/E ratio of 14.88 and a beta of 0.72.

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).