Banco Santander S.A. Has $51.80 Million Position in iShares MSCI Emerging Markets ETF $EEM

Banco Santander S.A. increased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 171.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,073,741 shares of the exchange traded fund’s stock after acquiring an additional 678,400 shares during the period. Banco Santander S.A.’s holdings in iShares MSCI Emerging Markets ETF were worth $51,797,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EEM. Brighton Jones LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after acquiring an additional 1,940 shares in the last quarter. Golden State Wealth Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 352 shares in the last quarter. Transcend Capital Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 81.8% in the first quarter. Transcend Capital Advisors LLC now owns 10,120 shares of the exchange traded fund’s stock valued at $442,000 after buying an additional 4,554 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares MSCI Emerging Markets ETF by 386.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 88,606 shares of the exchange traded fund’s stock valued at $3,878,000 after buying an additional 70,407 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in iShares MSCI Emerging Markets ETF by 19.0% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 207,559 shares of the exchange traded fund’s stock valued at $9,070,000 after buying an additional 33,069 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.7%

NYSEARCA:EEM opened at $55.10 on Monday. The firm has a market cap of $20.95 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $55.21. The company’s 50-day moving average price is $52.37 and its two-hundred day moving average price is $48.67.

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).