Ninety One SA Pty Ltd Acquires New Shares in iShares MSCI Emerging Markets ETF $EEM

Ninety One SA Pty Ltd acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 102,768 shares of the exchange traded fund’s stock, valued at approximately $6,873,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of iShares MSCI Emerging Markets ETF by 22.8% in 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 purchasing an additional 6,929,284 shares during the period. Board of Trustees of The Leland Stanford Junior University lifted its stake 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 during the last quarter. Hsbc Holdings PLC lifted its stake in iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after purchasing an additional 2,823,265 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake 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 during the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in iShares MSCI Emerging Markets ETF by 9.2% during the second 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 period. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock traded down $0.72 during midday trading on Thursday, reaching $63.67. 14,242,348 shares of the company’s stock were exchanged, compared to its average volume of 31,186,355. 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 cap of $29.51 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The stock’s 50-day simple moving average is $66.97 and its 200 day simple moving average is $65.61.

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.