Victory Capital Management Inc. Boosts Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Victory Capital Management Inc. lifted its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 25.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 472,612 shares of the exchange traded fund’s stock after buying an additional 94,633 shares during the period. Victory Capital Management Inc. owned approximately 0.13% of iShares MSCI Emerging Markets ETF worth $19,765,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. DRW Securities LLC raised its position in iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after acquiring an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $105,980,000. LPL Financial LLC lifted its stake in iShares MSCI Emerging Markets ETF by 6.2% in the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after purchasing an additional 123,741 shares during the last quarter. Cassaday & Co Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 1.5% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after purchasing an additional 27,779 shares during the period. Finally, Total Investment Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 3.7% in the fourth quarter. Total Investment Management Inc. now owns 1,541,272 shares of the exchange traded fund’s stock worth $64,456,000 after buying an additional 54,732 shares during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $43.72 on Wednesday. The stock has a market capitalization of $16.19 billion, a PE ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The business’s fifty day moving average price is $43.06 and its 200-day moving average price is $43.71.

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).