Citizens Financial Group Inc. RI Grows Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Citizens Financial Group Inc. RI raised its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 287,869 shares of the exchange traded fund’s stock after purchasing an additional 1,313 shares during the period. Citizens Financial Group Inc. RI owned approximately 0.08% of iShares MSCI Emerging Markets ETF worth $12,039,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Pillar Financial Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $28,000. Teachers Insurance & Annuity Association of America bought a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $37,000. Compass Planning Associates Inc bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $36,000. Creative Capital Management Investments LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $38,000. Finally, Atmos Advisory LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 2.4 %

Shares of NYSEARCA:EEM opened at $43.36 on Tuesday. The stock’s 50-day moving average price is $43.02 and its 200-day moving average price is $43.71. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The stock has a market capitalization of $16.06 billion, a P/E ratio of 14.53 and a beta of 0.70.

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).