Coastline Trust Co Acquires 80,700 Shares of iShares MSCI Emerging Markets ETF $EEM

Coastline Trust Co bought a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 80,700 shares of the exchange traded fund’s stock, valued at approximately $5,390,000.

A number of other large investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of iShares MSCI Emerging Markets ETF by 22.8% during the first quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock worth $2,120,424,000 after buying an additional 6,929,284 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its position 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 worth $513,150,000 after acquiring an additional 4,577,226 shares during the period. Hsbc Holdings PLC grew its stake in shares of 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. Fifth Third Bancorp grew its stake in shares of iShares MSCI Emerging Markets ETF by 103.3% in the 1st quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock valued at $82,220,000 after purchasing an additional 735,539 shares during the last quarter. Finally, Gemsstock Ltd. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1,205.3% in the fourth quarter. Gemsstock Ltd. now owns 678,757 shares of the exchange traded fund’s stock valued at $38,650,000 after purchasing an additional 626,757 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 0.5%

NYSEARCA:EEM traded down $0.37 during midday trading on Thursday, reaching $66.42. The stock had a trading volume of 9,019,013 shares, compared to its average volume of 31,810,350. The stock has a market cap of $30.88 billion, a P/E ratio of 14.46 and a beta of 0.74. The firm has a fifty day simple moving average of $66.38 and a two-hundred day simple moving average of $64.93. iShares MSCI Emerging Markets ETF has a 12-month low of $51.82 and a 12-month high of $71.57.

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.