Harbor Investment Advisory LLC Acquires 4,800 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Harbor Investment Advisory LLC grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 59.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,857 shares of the exchange traded fund’s stock after acquiring an additional 4,800 shares during the period. Harbor Investment Advisory LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $538,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in EEM. DRW Securities LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 603.8% in the 3rd 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 period. SPX Gestao de Recursos Ltda bought a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at $105,980,000. LPL Financial LLC grew its position in iShares MSCI Emerging Markets ETF by 6.2% during the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after buying an additional 123,741 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in iShares MSCI Emerging Markets ETF by 0.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock worth $63,829,000 after acquiring an additional 6,995 shares during the last quarter. Finally, Connable Office Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 0.9% in the 3rd quarter. Connable Office Inc. now owns 1,162,015 shares of the exchange traded fund’s stock valued at $53,290,000 after acquiring an additional 10,578 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.1 %

Shares of EEM opened at $42.54 on Wednesday. The stock has a 50-day moving average price of $42.78 and a 200-day moving average price of $43.52. iShares MSCI Emerging Markets ETF has a 12-month low of $37.91 and a 12-month high of $47.44.

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).