Webster Bank N. A. Has $2.29 Million Stock Position in iShares MSCI Emerging Markets ETF $EEM

Webster Bank N. A. increased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 98.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,233 shares of the exchange traded fund’s stock after purchasing an additional 19,948 shares during the quarter. Webster Bank N. A.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,285,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $407,231,000. Hsbc Holdings PLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after purchasing an additional 2,823,265 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its stake in iShares MSCI Emerging Markets ETF by 25.8% in the fourth quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after buying an additional 915,248 shares during the period. LPL Financial LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after buying an additional 196,473 shares during the period. Finally, Mariner LLC boosted its stake in iShares MSCI Emerging Markets ETF by 23.8% during the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after acquiring an additional 447,010 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

Shares of NYSEARCA EEM opened at $71.21 on Tuesday. The firm’s 50-day moving average price is $66.07 and its 200-day moving average price is $60.63. The firm has a market capitalization of $31.53 billion, a P/E ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 1-year low of $46.15 and a 1-year high of $71.57.

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.