Citizens Financial Group Inc. RI Makes New $14.03 Million Investment in iShares MSCI Emerging Markets ETF $EEM

Citizens Financial Group Inc. RI acquired a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 210,127 shares of the exchange traded fund’s stock, valued at approximately $14,034,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. NTV Asset Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $17,331,000. Sowell Financial Services LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 6.0% in the 3rd quarter. Sowell Financial Services LLC now owns 94,379 shares of the exchange traded fund’s stock worth $6,304,000 after purchasing an additional 5,364 shares during the period. Evergreen Capital Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $3,641,000. West Financial Advisors LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 65.0% in the 3rd quarter. West Financial Advisors LLC now owns 2,339 shares of the exchange traded fund’s stock valued at $156,000 after purchasing an additional 921 shares during the last quarter. Finally, NORTHSTAR ASSET MANAGEMENT Co acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $392,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.5%

Shares of NYSEARCA EEM opened at $62.01 on Friday. The company has a market capitalization of $28.74 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a twelve month low of $52.38 and a twelve month high of $71.57. The firm has a fifty day simple moving average of $66.56 and a 200 day simple moving average of $65.87.

About iShares MSCI Emerging Markets ETF

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.