Synovus Financial Corp Has $4.22 Million Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Synovus Financial Corp trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,929 shares of the exchange traded fund’s stock after selling 1,709 shares during the period. Synovus Financial Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $4,221,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in iShares MSCI Emerging Markets ETF by 1,724.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after buying an additional 7,883,989 shares in the last quarter. TD Asset Management Inc. lifted its position in shares of iShares MSCI Emerging Markets ETF by 4.9% in the 4th quarter. TD Asset Management Inc. now owns 4,423,372 shares of the exchange traded fund’s stock worth $184,985,000 after acquiring an additional 207,719 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of iShares MSCI Emerging Markets ETF by 4,632.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after purchasing an additional 3,203,501 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 14.8% during the fourth quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock valued at $101,682,000 after purchasing an additional 312,551 shares during the period. Finally, SPX Gestao de Recursos Ltda bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $105,980,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $41.75 on Monday. The stock has a market cap of $15.88 billion, a P/E ratio of 14.53 and a beta of 0.63. The stock has a fifty day moving average price of $43.49 and a 200 day moving average price of $43.65. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $47.44.

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).