iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stake Lessened by Global Trust Asset Management LLC

Global Trust Asset Management LLC trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,179 shares of the exchange traded fund’s stock after selling 570 shares during the quarter. Global Trust Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $802,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Covenant Partners LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $37,000. Atmos Advisory LLC bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $40,000. West Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $65,000. Finally, Bristlecone Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $65,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $42.54 on Wednesday. The business’s fifty day moving average price is $42.78 and its 200 day moving average price is $43.52. iShares MSCI Emerging Markets ETF has a 12-month low of $37.91 and a 12-month 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).