Banque Pictet & Cie SA Has $8.55 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Banque Pictet & Cie SA trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 204,461 shares of the exchange traded fund’s stock after selling 6,368 shares during the quarter. Banque Pictet & Cie SA owned 0.06% of iShares MSCI Emerging Markets ETF worth $8,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Rockland Trust Co. boosted its stake in shares of iShares MSCI Emerging Markets ETF by 0.8% during the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock valued at $1,348,000 after buying an additional 260 shares during the period. Sax Wealth Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 3.1% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 276 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its holdings in iShares MSCI Emerging Markets ETF by 1.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock worth $1,123,000 after buying an additional 279 shares during the last quarter. Griffin Asset Management Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 5.1% during the 4th quarter. Griffin Asset Management Inc. now owns 5,726 shares of the exchange traded fund’s stock valued at $239,000 after purchasing an additional 279 shares in the last quarter. Finally, One Wealth Advisors LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 2.6% in the third quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock worth $501,000 after purchasing an additional 280 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $44.07 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The company’s fifty day moving average price is $42.65 and its two-hundred day moving average price is $43.47.

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).