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

Fifth Third Bancorp increased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 103.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,447,782 shares of the exchange traded fund’s stock after acquiring an additional 735,539 shares during the period. Fifth Third Bancorp’s holdings in iShares MSCI Emerging Markets ETF were worth $82,220,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares during the last quarter. AQR Capital Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 13.3% during the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 9,437 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $3,957,000. Gamco Investors INC. ET AL purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $462,000. Finally, Quantinno Capital Management LP increased its holdings in iShares MSCI Emerging Markets ETF by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after acquiring an additional 1,320 shares in the last quarter. Hedge funds and other 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 12 month low of $47.98 and a 12 month high of $71.57. The stock has a market cap of $29.62 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. The company’s 50 day moving average is $67.27 and its two-hundred day moving average is $61.90.

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.