iShares MSCI Emerging Markets ETF $EEM Stake Lifted by True Freedom Investing LLC

True Freedom Investing LLC grew its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 70.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 101,616 shares of the exchange traded fund’s stock after acquiring an additional 42,164 shares during the quarter. iShares MSCI Emerging Markets ETF comprises about 1.1% of True Freedom Investing LLC’s investment portfolio, making the stock its 24th biggest holding. True Freedom Investing LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,787,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in iShares MSCI Emerging Markets ETF by 22.8% in the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock worth $2,120,424,000 after purchasing an additional 6,929,284 shares during the period. Board of Trustees of The Leland Stanford Junior University increased its holdings in iShares MSCI Emerging Markets ETF by 102.7% in the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock valued at $513,150,000 after acquiring an additional 4,577,226 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 4.3% during the first quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock valued at $261,864,000 after buying an additional 189,366 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 9.2% in the second quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock worth $185,008,000 after purchasing an additional 228,966 shares during the last quarter. Finally, Greenleaf Trust bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $83,723,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $61.04 on Monday. The firm’s 50-day moving average is $66.11 and its 200 day moving average is $63.82. iShares MSCI Emerging Markets ETF has a 12 month low of $52.38 and a 12 month high of $71.57. The company has a market capitalization of $28.29 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

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.