Bank of Hawaii lifted its position in iShares Inc. (NYSEARCA:IEMG) by 33.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 307,635 shares of the company’s stock after buying an additional 77,290 shares during the quarter. iShares makes up approximately 1.4% of Bank of Hawaii’s portfolio, making the stock its 13th biggest holding. Bank of Hawaii’s holdings in iShares were worth $17,504,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. lifted its holdings in shares of iShares by 2.3% in the fourth quarter. BlackRock Inc. now owns 36,890,832 shares of the company’s stock worth $2,099,088,000 after buying an additional 842,404 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares by 8.6% in the fourth quarter. Creative Planning now owns 27,306,906 shares of the company’s stock worth $1,553,763,000 after buying an additional 2,169,083 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of iShares by 7.5% in the fourth quarter. Wells Fargo & Company MN now owns 10,517,674 shares of the company’s stock worth $598,455,000 after buying an additional 729,993 shares in the last quarter. Wealthfront Inc. lifted its holdings in shares of iShares by 26.2% in the fourth quarter. Wealthfront Inc. now owns 8,795,247 shares of the company’s stock worth $500,450,000 after buying an additional 1,824,021 shares in the last quarter. Finally, Retirement Systems of Alabama purchased a new stake in shares of iShares in the fourth quarter worth about $432,601,000.
Shares of iShares Inc. (NYSEARCA IEMG) opened at $58.96 on Friday. iShares Inc. has a fifty-two week low of $45.45 and a fifty-two week high of $62.70.
TRADEMARK VIOLATION WARNING: This piece of content was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another site, it was stolen and reposted in violation of US and international copyright law. The original version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/02/23/ishares-inc-iemg-stake-raised-by-bank-of-hawaii.html.
Want to see what other hedge funds are holding IEMG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Inc. (NYSEARCA:IEMG).
Receive News & Ratings for iShares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares and related companies with MarketBeat.com's FREE daily email newsletter.