NBT Bank N.A. Makes New $5.86 Million Investment in iShares MSCI Emerging Markets ETF $EEM

NBT Bank N.A. acquired a new position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 87,735 shares of the exchange traded fund’s stock, valued at approximately $5,860,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in iShares MSCI Emerging Markets ETF by 22.8% in the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after purchasing an additional 6,929,284 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its holdings in iShares MSCI Emerging Markets ETF by 102.7% in 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 in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $68,571,000. Fifth Third Bancorp boosted its stake in shares of iShares MSCI Emerging Markets ETF by 103.3% during the 1st quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock worth $82,220,000 after purchasing an additional 735,539 shares during the last quarter. Finally, Gradient Investments LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $45,301,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $61.72 on Friday. The stock has a market capitalization of $28.61 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57. The firm’s 50-day moving average is $66.66 and its two-hundred day moving average is $65.90.

iShares MSCI Emerging Markets ETF Company 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.