Worthington Financial Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 24,083 shares of the exchange traded fund’s stock, valued at approximately $1,609,000. iShares MSCI Emerging Markets ETF makes up about 1.4% of Worthington Financial Partners LLC’s holdings, making the stock its 24th biggest holding.
Other large investors have also bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 22.8% in 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 acquiring an additional 6,929,284 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University grew its holdings in shares of 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 valued at $513,150,000 after purchasing an additional 4,577,226 shares during the last quarter. Hsbc Holdings PLC increased its position in iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares in the last quarter. PNC Financial Services Group Inc. increased its position in iShares MSCI Emerging Markets ETF by 4.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after purchasing an additional 189,366 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 9.2% during the 2nd 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 in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Trading Down 0.9%
NYSEARCA:EEM traded down $0.56 on Tuesday, hitting $65.58. The company had a trading volume of 9,673,837 shares, compared to its average volume of 31,260,027. The stock has a market capitalization of $30.40 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The firm has a 50 day moving average of $67.00 and a two-hundred day moving average of $65.49. iShares MSCI Emerging Markets ETF has a 52 week low of $52.38 and a 52 week 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.
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