JGP Global Gestao de Recursos Ltda. Purchases 723,000 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

JGP Global Gestao de Recursos Ltda. increased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 939.0% during the fourth quarter, Holdings Channel reports. The fund owned 800,000 shares of the exchange traded fund’s stock after acquiring an additional 723,000 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 12.7% of JGP Global Gestao de Recursos Ltda.’s investment portfolio, making the stock its 3rd biggest position. JGP Global Gestao de Recursos Ltda.’s holdings in iShares MSCI Emerging Markets ETF were worth $35,896,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $29,248,000. Intellectus Partners LLC grew its holdings in iShares MSCI Emerging Markets ETF by 47.2% in the fourth quarter. Intellectus Partners LLC now owns 30,555 shares of the exchange traded fund’s stock valued at $1,371,000 after purchasing an additional 9,802 shares during the period. Peddock Capital Advisors LLC increased its position in iShares MSCI Emerging Markets ETF by 4.0% during the fourth quarter. Peddock Capital Advisors LLC now owns 37,283 shares of the exchange traded fund’s stock worth $1,673,000 after purchasing an additional 1,445 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 358.2% during the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 262,239 shares of the exchange traded fund’s stock worth $11,767,000 after purchasing an additional 205,009 shares during the last quarter. Finally, Chicago Partners Investment Group LLC increased its position in iShares MSCI Emerging Markets ETF by 24.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 261,055 shares of the exchange traded fund’s stock worth $12,001,000 after purchasing an additional 50,805 shares during the last quarter.

NYSEARCA:EEM traded down $0.37 during trading hours on Friday, reaching $44.59. 6,116,606 shares of the company were exchanged, compared to its average volume of 70,872,250. The stock has a 50 day simple moving average of $44.83 and a 200 day simple moving average of $42.50. iShares MSCI Emerging Markets ETF has a 52-week low of $38.72 and a 52-week high of $46.32.

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).

Recommended Story: Why are gap-down stocks important?

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit