Phoenix Holdings Ltd. bought a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 28,320 shares of the exchange traded fund’s stock, valued at approximately $1,510,000.
Several other hedge funds have also bought and sold shares of the company. Morgan Stanley raised its stake in shares of iShares MSCI Emerging Markets ETF by 25.0% in the fourth quarter. Morgan Stanley now owns 39,828,787 shares of the exchange traded fund’s stock worth $2,057,953,000 after purchasing an additional 7,973,660 shares during the last quarter. Retirement Systems of Alabama raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.5% in the first quarter. Retirement Systems of Alabama now owns 16,714,526 shares of the exchange traded fund’s stock worth $891,553,000 after purchasing an additional 90,576 shares during the last quarter. Varma Mutual Pension Insurance Co raised its stake in shares of iShares MSCI Emerging Markets ETF by 3,042.5% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 9,959,496 shares of the exchange traded fund’s stock worth $514,607,000 after purchasing an additional 9,642,566 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of iShares MSCI Emerging Markets ETF by 166.6% in the first quarter. The Manufacturers Life Insurance Company now owns 9,671,451 shares of the exchange traded fund’s stock worth $515,875,000 after purchasing an additional 6,044,211 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of iShares MSCI Emerging Markets ETF by 143.6% in the fourth quarter. Northern Trust Corp now owns 8,513,154 shares of the exchange traded fund’s stock worth $439,875,000 after purchasing an additional 5,018,077 shares during the last quarter. Hedge funds and other institutional investors own 75.76% of the company’s stock.
EEM stock opened at $54.51 on Thursday. iShares MSCI Emerging Markets ETF has a 1-year low of $36.91 and a 1-year high of $58.29. The business has a fifty day moving average price of $53.83 and a 200-day moving average price of $53.39.
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).
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