First National Trust Co Cuts Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

First National Trust Co lessened its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 93,332 shares of the exchange traded fund’s stock after selling 6,765 shares during the quarter. First National Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $4,079,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EEM. Elequin Capital LP acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $28,000. Navigoe LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $30,000. Golden State Wealth Management LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 352 shares in the last quarter. Copia Wealth Management acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $33,000. Finally, Dunhill Financial LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 589.6% during the 1st quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 796 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $48.84 on Thursday. The stock has a market cap of $18.57 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $49.96. The stock has a 50-day simple moving average of $47.75 and a 200-day simple moving average of $44.96.

iShares MSCI Emerging Markets ETF Company 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).