iShares MSCI Emerging Markets ETF $EEM Shares Bought by Truist Financial Corp

Truist Financial Corp grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 482,160 shares of the exchange traded fund’s stock after purchasing an additional 18,249 shares during the period. Truist Financial Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $25,747,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Little House Capital LLC grew its position in iShares MSCI Emerging Markets ETF by 2.3% in the 3rd quarter. Little House Capital LLC now owns 125,494 shares of the exchange traded fund’s stock valued at $6,701,000 after buying an additional 2,820 shares in the last quarter. Saxon Interests Inc. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 6.1% in the 3rd quarter. Saxon Interests Inc. now owns 9,661 shares of the exchange traded fund’s stock worth $482,000 after acquiring an additional 557 shares during the period. NWF Advisory Services Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.5% in the third quarter. NWF Advisory Services Inc. now owns 17,359 shares of the exchange traded fund’s stock valued at $927,000 after acquiring an additional 426 shares in the last quarter. Bank of Jackson Hole Trust increased its stake in shares of iShares MSCI Emerging Markets ETF by 13.9% during the third quarter. Bank of Jackson Hole Trust now owns 2,737 shares of the exchange traded fund’s stock valued at $146,000 after acquiring an additional 335 shares during the period. Finally, Copia Wealth Management increased its stake in shares of iShares MSCI Emerging Markets ETF by 51.8% during the third quarter. Copia Wealth Management now owns 3,204 shares of the exchange traded fund’s stock valued at $171,000 after acquiring an additional 1,093 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $59.10 on Friday. The business has a 50 day moving average price of $55.89 and a two-hundred day moving average price of $53.43. The company has a market capitalization of $25.29 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $60.95.

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.