iShares MSCI Emerging Markets ETF $EEM Stock Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 23.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 340,447 shares of the exchange traded fund’s stock after acquiring an additional 64,640 shares during the quarter. Kestra Advisory Services LLC owned about 0.07% of iShares MSCI Emerging Markets ETF worth $22,738,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its position 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 worth $2,120,424,000 after purchasing an additional 6,929,284 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its holdings in 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 in the last quarter. PNC Financial Services Group Inc. lifted its holdings in 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 in the last quarter. Envestnet Asset Management Inc. boosted its stake 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 worth $185,008,000 after purchasing an additional 228,966 shares during the last quarter. Finally, ARGA Investment Management LP acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $147,155,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 2.2%

iShares MSCI Emerging Markets ETF stock opened at $59.33 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $52.38 and a 52-week high of $71.57. The firm has a market capitalization of $27.50 billion, a price-to-earnings ratio of 14.46 and a beta of 0.77. The company has a fifty day simple moving average of $65.43 and a 200-day simple moving average of $63.88.

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.