iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Fiduciary Trust Co

Fiduciary Trust Co decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 185,786 shares of the exchange traded fund’s stock after selling 7,750 shares during the period. Fiduciary Trust Co owned 0.05% of iShares MSCI Emerging Markets ETF worth $7,770,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. GM Advisory Group LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 448 shares during the last quarter. QRG Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $205,000. Jones Financial Companies Lllp grew its holdings in iShares MSCI Emerging Markets ETF by 70.3% in the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after buying an additional 5,063 shares during the period. Discovery Capital Management LLC CT acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $312,000. Finally, Carret Asset Management LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 4.2% during the 4th quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock worth $881,000 after acquiring an additional 857 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $44.91 on Friday. The company has a market cap of $16.92 billion, a price-to-earnings ratio of 13.13 and a beta of 0.63. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $47.44. The firm has a 50 day moving average price of $43.28 and a 200 day moving average price of $43.31.

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).