iShares MSCI Emerging Markets ETF $EEM is Israel Discount Bank of New York’s 5th Largest Position

Israel Discount Bank of New York decreased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.6% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,698 shares of the exchange traded fund’s stock after selling 1,080 shares during the period. iShares MSCI Emerging Markets ETF makes up about 7.3% of Israel Discount Bank of New York’s holdings, making the stock its 5th biggest holding. Israel Discount Bank of New York’s holdings in iShares MSCI Emerging Markets ETF were worth $1,915,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Goldman Sachs Group Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 1,097.3% in the first quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock worth $1,303,523,000 after purchasing an additional 32,819,730 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares MSCI Emerging Markets ETF by 45.2% during the first quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock valued at $471,374,000 after buying an additional 3,359,853 shares during the period. TD Asset Management Inc lifted its position in iShares MSCI Emerging Markets ETF by 13.0% during the first quarter. TD Asset Management Inc now owns 4,999,304 shares of the exchange traded fund’s stock valued at $218,470,000 after buying an additional 575,932 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares MSCI Emerging Markets ETF by 1.3% during the first quarter. Envestnet Asset Management Inc. now owns 2,290,688 shares of the exchange traded fund’s stock valued at $100,103,000 after buying an additional 28,793 shares during the period. Finally, Hirtle Callaghan & Co LLC lifted its position in iShares MSCI Emerging Markets ETF by 5.6% during the first quarter. Hirtle Callaghan & Co LLC now owns 1,881,523 shares of the exchange traded fund’s stock valued at $82,223,000 after buying an additional 100,615 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $55.30 on Monday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $56.31. The business has a fifty day moving average price of $52.93 and a 200-day moving average price of $49.21. The company has a market capitalization of $21.03 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).