iShares MSCI Emerging Markets ETF $EEM Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 267,621 shares of the exchange traded fund’s stock after selling 11,589 shares during the quarter. Citizens Financial Group Inc. RI owned about 0.06% of iShares MSCI Emerging Markets ETF worth $15,198,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Founders Financial Securities LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 0.3% in the 1st quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after purchasing an additional 163 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in iShares MSCI Emerging Markets ETF by 5.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 169 shares in the last quarter. Cim LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3.0% in the fourth quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 182 shares during the period. Nicolet Advisory Services LLC raised its holdings in iShares MSCI Emerging Markets ETF by 2.9% in the fourth quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 184 shares during the period. Finally, Vivaldi Capital Management LP lifted its position in iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock valued at $609,000 after buying an additional 186 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock traded up $0.12 during midday trading on Friday, reaching $66.90. 18,686,703 shares of the company’s stock traded hands, compared to its average volume of 37,151,805. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.98 and a fifty-two week high of $71.57. The business has a 50-day moving average price of $67.27 and a two-hundred day moving average price of $61.84. The company has a market capitalization of $29.62 billion, a P/E ratio of 14.46 and a beta of 0.72.

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.