Principal Securities Inc. Acquires 1,491 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Principal Securities Inc. grew its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,651 shares of the exchange traded fund’s stock after acquiring an additional 1,491 shares during the quarter. Principal Securities Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $738,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of EEM. DRW Securities LLC boosted its position in iShares MSCI Emerging Markets ETF by 603.8% during the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after purchasing an additional 2,344,192 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $105,980,000. Erste Asset Management GmbH acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $29,856,000. Flow Traders U.S. LLC acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $17,112,000. Finally, Granite Bay Wealth Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $13,839,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.9 %

EEM opened at $45.03 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The business has a 50 day moving average of $42.70 and a 200-day moving average of $43.56.

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).