World Investment Advisors Increases Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

World Investment Advisors increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 140.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,660 shares of the exchange traded fund’s stock after acquiring an additional 28,435 shares during the period. World Investment Advisors’ holdings in iShares MSCI Emerging Markets ETF were worth $2,035,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in iShares MSCI Emerging Markets ETF by 1,724.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock valued at $310,586,000 after purchasing an additional 7,883,989 shares during the period. Arrowstreet Capital Limited Partnership grew its position in iShares MSCI Emerging Markets ETF by 4,632.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock valued at $136,863,000 after buying an additional 3,203,501 shares during the period. SPX Gestao de Recursos Ltda purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth about $105,980,000. Raymond James Financial Inc. bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $67,244,000. Finally, Allstate Corp bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $58,336,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 5.6 %

iShares MSCI Emerging Markets ETF stock opened at $40.58 on Friday. The firm has a 50 day moving average price of $43.84 and a 200-day moving average price of $43.86. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The company has a market capitalization of $15.43 billion, a P/E ratio of 14.53 and a beta of 0.63.

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).