Thrivent Financial for Lutherans Grows Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Thrivent Financial for Lutherans increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 123,608 shares of the exchange traded fund’s stock after buying an additional 3,033 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares MSCI Emerging Markets ETF were worth $5,302,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. QRG Capital Management Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $205,000. Jones Financial Companies Lllp increased its holdings in iShares MSCI Emerging Markets ETF by 70.3% during the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 5,063 shares during the period. Victory Capital Management Inc. raised its position in iShares MSCI Emerging Markets ETF by 25.0% during the 4th quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock valued at $19,765,000 after purchasing an additional 94,633 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 41.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 45,133 shares of the exchange traded fund’s stock worth $1,887,000 after buying an additional 13,160 shares during the period. Finally, Bleakley Financial Group LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $204,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.4 %

Shares of iShares MSCI Emerging Markets ETF stock opened at $44.78 on Tuesday. The business has a 50 day moving average of $43.59 and a 200 day moving average of $43.81. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The company has a market cap of $16.97 billion, a PE ratio of 14.88 and a beta of 0.72.

About iShares MSCI Emerging Markets ETF

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).