TIAA Trust National Association Boosts Holdings in iShares MSCI Emerging Markets ETF $EEM

TIAA Trust National Association increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 120.8% during the fourth quarter, Holdings Channel reports. The firm owned 530,922 shares of the exchange traded fund’s stock after acquiring an additional 290,435 shares during the quarter. TIAA Trust National Association’s holdings in iShares MSCI Emerging Markets ETF were worth $29,047,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Asempa Wealth Advisors purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $593,000. Bradley Foster & Sargent Inc. CT lifted its holdings in iShares MSCI Emerging Markets ETF by 59.0% in the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock worth $2,795,000 after purchasing an additional 19,432 shares in the last quarter. Kelsey Financial LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $1,038,000. Allium Financial Advisors LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 35.3% in the 3rd quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock worth $5,931,000 after purchasing an additional 28,998 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in iShares MSCI Emerging Markets ETF by 92.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after purchasing an additional 110,888 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.1%

NYSEARCA EEM opened at $65.82 on Wednesday. The stock’s 50 day moving average is $64.02 and its 200 day moving average is $59.69. iShares MSCI Emerging Markets ETF has a 12 month low of $46.15 and a 12 month high of $70.86. The stock has a market cap of $29.15 billion, a PE ratio of 14.46 and a beta of 0.73.

iShares MSCI Emerging Markets ETF Company 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). 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.