Scotia Capital Inc. Increases Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Scotia Capital Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,797 shares of the exchange traded fund’s stock after acquiring an additional 7,922 shares during the quarter. Scotia Capital Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,588,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Shared Vision Wealth Group LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 3.7% during the 4th quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock valued at $300,000 after purchasing an additional 256 shares during the last quarter. Delap Wealth Advisory LLC increased its holdings in iShares MSCI Emerging Markets ETF by 2.2% during the fourth quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after buying an additional 257 shares during the last quarter. Rockland Trust Co. increased its holdings in iShares MSCI Emerging Markets ETF by 0.8% during the fourth quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after buying an additional 260 shares during the last quarter. Venturi Wealth Management LLC raised its position in iShares MSCI Emerging Markets ETF by 13.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock worth $93,000 after acquiring an additional 272 shares during the period. Finally, Sax Wealth Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 3.1% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after acquiring an additional 276 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 3.1 %

Shares of EEM stock opened at $41.75 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $47.44. The company has a 50 day moving average of $43.49 and a 200-day moving average of $43.67. The firm has a market cap of $15.88 billion, a P/E ratio of 14.53 and a beta of 0.63.

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).