New York State Common Retirement Fund Sells 57,000 Shares of iShares MSCI Emerging Markets ETF $EEM

New York State Common Retirement Fund lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 51.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,675 shares of the exchange traded fund’s stock after selling 57,000 shares during the period. New York State Common Retirement Fund’s holdings in iShares MSCI Emerging Markets ETF were worth $2,920,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of EEM. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 11.6% in the second 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 last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of iShares MSCI Emerging Markets ETF by 212.1% during 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 last quarter. Corient Private Wealth LLC increased its position in iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after buying an additional 2,181,269 shares during the last quarter. Bank of Nova Scotia increased its holdings in shares of iShares MSCI Emerging Markets ETF by 314.6% during the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after acquiring an additional 1,700,100 shares during the last quarter. Finally, Invesco Ltd. bought a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $100,644,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $60.07 on Friday. The business has a fifty day simple moving average of $56.41 and a two-hundred day simple moving average of $53.81. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $60.95. The company has a market capitalization of $27.38 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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.