iShares MSCI BIC ETF (NYSEARCA:BKF) Stake Raised by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of iShares MSCI BIC ETF (NYSEARCA:BKF) by 168.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,000 shares of the company’s stock after buying an additional 37,000 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 2.81% of iShares MSCI BIC ETF worth $2,366,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI BIC ETF during the fourth quarter valued at approximately $551,000. Bank of America Corp DE increased its stake in shares of iShares MSCI BIC ETF by 4.1% during the fourth quarter. Bank of America Corp DE now owns 24,961 shares of the company’s stock valued at $911,000 after acquiring an additional 984 shares during the period. Wells Fargo & Company MN increased its stake in shares of iShares MSCI BIC ETF by 28.3% during the fourth quarter. Wells Fargo & Company MN now owns 4,357 shares of the company’s stock valued at $159,000 after acquiring an additional 961 shares during the period. Allianz SE acquired a new position in shares of iShares MSCI BIC ETF during the fourth quarter valued at approximately $10,366,000. Finally, TD Private Client Wealth LLC increased its stake in shares of iShares MSCI BIC ETF by 286.9% during the fourth quarter. TD Private Client Wealth LLC now owns 1,331 shares of the company’s stock valued at $49,000 after acquiring an additional 987 shares during the period.

iShares MSCI BIC ETF Price Performance

NYSEARCA BKF opened at $41.43 on Friday. iShares MSCI BIC ETF has a 12 month low of $34.56 and a 12 month high of $43.59. The firm has a market capitalization of $87.00 million, a PE ratio of 14.95 and a beta of 0.59. The company’s 50 day simple moving average is $40.67 and its 200 day simple moving average is $38.90.

iShares MSCI BIC ETF Profile

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index).