Field & Main Bank Buys 11,473 Shares of iShares MSCI Emerging Markets ETF $EEM

Field & Main Bank lifted its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 188,905 shares of the exchange traded fund’s stock after acquiring an additional 11,473 shares during the period. iShares MSCI Emerging Markets ETF makes up about 3.0% of Field & Main Bank’s investment portfolio, making the stock its 7th biggest position. Field & Main Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $10,335,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEM. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $407,231,000. National Bank of Canada FI lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 21,534.1% during the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after acquiring an additional 1,969,944 shares during the period. Duquesne Family Office LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $101,460,000. SPX Gestao de Recursos Ltda lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1,133.3% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock worth $79,032,000 after acquiring an additional 1,360,000 shares during the period. Finally, Greenfield FTC Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $43,076,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $62.35 on Friday. The company has a 50-day moving average of $59.49 and a 200-day moving average of $57.07. The company has a market capitalization of $27.61 billion, a price-to-earnings ratio of 14.46 and a beta of 0.66. iShares MSCI Emerging Markets ETF has a 52 week low of $43.10 and a 52 week high of $65.96.

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.