Fifth Third Bancorp boosted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 1.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,657,210 shares of the exchange traded fund’s stock after purchasing an additional 18,930 shares during the period. Fifth Third Bancorp’s holdings in iShares MSCI Emerging Markets ETF were worth $110,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in shares of iShares MSCI Emerging Markets ETF by 22.8% during the first quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after buying an additional 6,929,284 shares during the last quarter. Retirement Systems of Alabama bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $609,880,000. Board of Trustees of The Leland Stanford Junior University lifted its stake in shares of iShares MSCI Emerging Markets ETF by 102.7% during the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after acquiring an additional 4,577,226 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 4.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after acquiring an additional 189,366 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 9.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock valued at $185,008,000 after acquiring an additional 228,966 shares during the period. Institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Up 2.4%
Shares of iShares MSCI Emerging Markets ETF stock opened at $62.04 on Thursday. The stock’s fifty day moving average is $65.09 and its two-hundred day moving average is $63.92. The company has a market capitalization of $28.76 billion, a PE ratio of 12.06 and a beta of 0.77. iShares MSCI Emerging Markets ETF has a 52 week low of $52.38 and a 52 week high of $71.57.
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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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