Harbour Investments Inc. Increases Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Harbour Investments Inc. increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,861 shares of the exchange traded fund’s stock after acquiring an additional 3,129 shares during the quarter. Harbour Investments Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,169,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. DRW Securities LLC lifted its stake in iShares MSCI Emerging Markets ETF by 603.8% in the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after purchasing an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth $105,980,000. Raymond James Financial Inc. purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $67,244,000. Erste Asset Management GmbH acquired a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $29,856,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at $17,112,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $45.34 on Tuesday. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The firm’s 50-day moving average is $43.25 and its two-hundred day moving average is $43.74. The firm has a market capitalization of $17.18 billion, a PE 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).