iShares MSCI Emerging Markets ETF $EEM is Amarillo National Bank’s 7th Largest Position

Amarillo National Bank cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 569,816 shares of the exchange traded fund’s stock after selling 15,931 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 5.3% of Amarillo National Bank’s investment portfolio, making the stock its 7th biggest position. Amarillo National Bank owned about 0.15% of iShares MSCI Emerging Markets ETF worth $30,428,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in iShares MSCI Emerging Markets ETF by 11.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock valued at $580,964,000 after purchasing an additional 1,256,608 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in iShares MSCI Emerging Markets ETF by 212.1% in the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock worth $223,062,000 after purchasing an additional 3,149,813 shares during the period. Corient Private Wealth LLC grew its holdings in iShares MSCI Emerging Markets ETF by 206.0% during the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after buying an additional 2,181,269 shares in the last quarter. Bank of Nova Scotia raised its position in shares of iShares MSCI Emerging Markets ETF by 314.6% during the second quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after buying an additional 1,700,100 shares during the last quarter. Finally, Invesco Ltd. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $100,644,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $54.80 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $56.31. The company’s fifty day moving average price is $54.51 and its 200-day moving average price is $51.73. The company has a market capitalization of $20.84 billion, a PE ratio of 14.46 and a beta of 0.64.

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.