Resona Asset Management Co. Ltd. Decreases Holdings in iShares MSCI Emerging Markets ETF $EEM

Resona Asset Management Co. Ltd. decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 59.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 341,270 shares of the exchange traded fund’s stock after selling 495,979 shares during the period. Resona Asset Management Co. Ltd. owned 0.07% of iShares MSCI Emerging Markets ETF worth $18,671,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $407,231,000. National Bank of Canada FI increased its stake in shares of iShares MSCI Emerging Markets ETF by 21,534.1% in the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after acquiring an additional 1,969,944 shares during the period. Duquesne Family Office LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $101,460,000. SPX Gestao de Recursos Ltda increased its stake in shares of iShares MSCI Emerging Markets ETF by 1,133.3% in the third quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock worth $79,032,000 after acquiring an additional 1,360,000 shares during the period. Finally, Greenfield FTC Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $43,076,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $64.26 on Wednesday. The firm has a market capitalization of $28.45 billion, a P/E ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 1-year low of $45.23 and a 1-year high of $68.15. The company’s fifty day moving average price is $60.94 and its 200-day moving average price is $58.35.

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.