M&T Bank Corp Has $34.62 Million Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

M&T Bank Corp trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 827,918 shares of the exchange traded fund’s stock after selling 61,357 shares during the period. M&T Bank Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $34,624,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Atria Investments Inc boosted its position in shares of iShares MSCI Emerging Markets ETF by 105.6% during the 4th quarter. Atria Investments Inc now owns 57,651 shares of the exchange traded fund’s stock valued at $2,411,000 after acquiring an additional 29,608 shares in the last quarter. Assetmark Inc. boosted its position in iShares MSCI Emerging Markets ETF by 5.8% in the fourth quarter. Assetmark Inc. now owns 7,889 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 434 shares in the last quarter. Victory Capital Management Inc. boosted its position in iShares MSCI Emerging Markets ETF by 25.0% in the fourth quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock valued at $19,765,000 after buying an additional 94,633 shares in the last quarter. Keybank National Association OH boosted its position in iShares MSCI Emerging Markets ETF by 3.1% in the fourth quarter. Keybank National Association OH now owns 1,006,631 shares of the exchange traded fund’s stock valued at $42,097,000 after buying an additional 29,831 shares in the last quarter. Finally, Moneda S.A. Administradora General de Fondos lifted its position in shares of iShares MSCI Emerging Markets ETF by 5.9% during the fourth quarter. Moneda S.A. Administradora General de Fondos now owns 13,307 shares of the exchange traded fund’s stock worth $556,000 after purchasing an additional 743 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.8 %

Shares of EEM stock opened at $43.19 on Wednesday. The firm has a market capitalization of $16.00 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. The firm’s 50 day moving average is $42.88 and its 200-day moving average is $43.69. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44.

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).