iShares MSCI Emerging Markets ETF $EEM Stock Holdings Lessened by M&T Bank Corp

M&T Bank Corp reduced its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 782,807 shares of the exchange traded fund’s stock after selling 10,204 shares during the quarter. M&T Bank Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $42,827,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of EEM. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $407,231,000. National Bank of Canada FI lifted its position in shares of iShares MSCI Emerging Markets ETF by 21,534.1% in 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 buying an additional 1,969,944 shares during the last quarter. Duquesne Family Office LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $101,460,000. SPX Gestao de Recursos Ltda increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1,133.3% in 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. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $43,076,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $64.13 on Monday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $44.52 and a fifty-two week high of $65.96. The firm’s 50-day simple moving average is $59.72 and its 200 day simple moving average is $57.46. The stock has a market cap of $28.40 billion, a PE ratio of 14.46 and a beta of 0.71.

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.