Whittier Trust Co. trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,252 shares of the exchange traded fund’s stock after selling 5,068 shares during the quarter. Whittier Trust Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $4,359,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the company. DRW Securities LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after purchasing an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at $105,980,000. LPL Financial LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 6.2% in the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after purchasing an additional 123,741 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after purchasing an additional 27,779 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $67,244,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Trading Down 0.9 %
Shares of NYSEARCA EEM opened at $44.80 on Friday. The business has a fifty day simple moving average of $43.44 and a 200 day simple moving average of $43.76. The firm has a market capitalization of $16.97 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44.
iShares MSCI Emerging Markets ETF Profile
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).
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