Truist Financial Corp Acquires 14,399 Shares of iShares MSCI Emerging Markets ETF $EEM

Truist Financial Corp increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 496,559 shares of the exchange traded fund’s stock after acquiring an additional 14,399 shares during the period. Truist Financial Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $27,167,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in EEM. Versant Capital Management Inc raised its stake in shares of iShares MSCI Emerging Markets ETF by 369.7% in the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 366 shares during the last quarter. BTG Pactual Asset Management US LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 46,071 shares during the last quarter. Elevated Capital Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $31,000. Richardson Capital Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the third quarter worth $33,000. Finally, Woodside Wealth Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth $33,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 3.2%

NYSEARCA EEM opened at $67.49 on Thursday. The business has a fifty day simple moving average of $59.90 and a 200 day simple moving average of $57.63. iShares MSCI Emerging Markets ETF has a 12 month low of $44.52 and a 12 month high of $67.59. The firm has a market capitalization of $29.88 billion, a P/E ratio of 14.46 and a beta of 0.71.

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.