iShares MSCI Emerging Markets ETF $EEM Stake Raised by Fifth Third Bancorp

Fifth Third Bancorp boosted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,657,210 shares of the exchange traded fund’s stock after purchasing an additional 18,930 shares during the quarter. Fifth Third Bancorp owned about 0.36% of iShares MSCI Emerging Markets ETF worth $110,685,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in iShares MSCI Emerging Markets ETF by 22.8% in the first quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock worth $2,120,424,000 after acquiring an additional 6,929,284 shares in the last quarter. Retirement Systems of Alabama purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at 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% in 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 valued at $513,150,000 after purchasing 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% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock valued at $261,864,000 after purchasing an additional 189,366 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 9.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock worth $185,008,000 after purchasing an additional 228,966 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $62.04 on Thursday. The stock has a market cap of $28.76 billion, a price-to-earnings ratio of 12.06 and a beta of 0.77. The stock has a 50 day moving average price of $65.09 and a 200-day moving average price of $63.92. iShares MSCI Emerging Markets ETF has a one year low of $52.38 and a one year 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.