977,377 Shares of iShares MSCI Emerging Markets ETF $EEM Bought by Keybank National Association OH

Keybank National Association OH bought a new stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 977,377 shares of the exchange traded fund’s stock, valued at approximately $65,279,000. Keybank National Association OH owned 0.21% of iShares MSCI Emerging Markets ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EEM. Retirement Systems of Alabama bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $609,880,000. Bank of America Corp DE increased its stake in iShares MSCI Emerging Markets ETF by 22.8% during the 1st 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 period. Board of Trustees of The Leland Stanford Junior University increased its stake in 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 valued at $513,150,000 after buying an additional 4,577,226 shares during the period. ARGA Investment Management LP acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $147,155,000. Finally, Greenleaf Trust bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $83,723,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 0.8%

EEM stock opened at $60.57 on Wednesday. The firm’s 50-day moving average is $65.18 and its two-hundred day moving average is $63.90. The company has a market capitalization of $28.07 billion, a price-to-earnings 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.

iShares MSCI Emerging Markets ETF 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.