Greenleaf Trust Decreases Stock Position in iShares MSCI Emerging Markets ETF $EEM

Greenleaf Trust reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,687,308 shares of the exchange traded fund’s stock after selling 124,848 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 0.7% of Greenleaf Trust’s holdings, making the stock its 11th largest position. Greenleaf Trust owned about 0.44% of iShares MSCI Emerging Markets ETF worth $81,396,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares during the period. Toronto Dominion Bank boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 21.5% in the fourth quarter. Toronto Dominion Bank now owns 5,973 shares of the exchange traded fund’s stock worth $249,000 after acquiring an additional 1,058 shares during the period. Wellington Management Group LLP bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $2,106,000. AdvisorNet Financial Inc boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 7.6% in the first quarter. AdvisorNet Financial Inc now owns 5,428 shares of the exchange traded fund’s stock worth $237,000 after acquiring an additional 384 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 4,270.0% in the first quarter. GAMMA Investing LLC now owns 66,948 shares of the exchange traded fund’s stock worth $2,926,000 after acquiring an additional 65,416 shares during the period. 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 $53.19 on Tuesday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $53.67. The business has a fifty day moving average price of $50.59 and a 200-day moving average price of $47.22. The firm has a market capitalization of $20.23 billion, a P/E ratio of 14.46 and a beta of 0.74.

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).