Fifth Third Bancorp Purchases 735,539 Shares of iShares MSCI Emerging Markets ETF $EEM

Fifth Third Bancorp grew its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 103.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,447,782 shares of the exchange traded fund’s stock after buying an additional 735,539 shares during the quarter. Fifth Third Bancorp owned 0.33% of iShares MSCI Emerging Markets ETF worth $82,220,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in EEM. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $25,000. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at $27,000. 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. Finally, Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $31,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $66.90 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $47.98 and a one year high of $71.57. The stock has a 50-day moving average of $67.27 and a 200 day moving average of $61.90. The company has a market capitalization of $29.62 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72.

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.