Arbor Investment Advisors LLC Sells 43,488 Shares of iShares MSCI Emerging Markets ETF $EEM

Arbor Investment Advisors LLC cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 27.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 114,295 shares of the exchange traded fund’s stock after selling 43,488 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 0.8% of Arbor Investment Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Arbor Investment Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,103,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EEM. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of iShares MSCI Emerging Markets ETF by 212.1% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock worth $223,062,000 after purchasing an additional 3,149,813 shares during the period. Corient Private Wealth LLC increased its stake in iShares MSCI Emerging Markets ETF by 206.0% during the 2nd quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares in the last quarter. Invesco Ltd. acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $100,644,000. Bank of Nova Scotia raised its holdings in iShares MSCI Emerging Markets ETF by 314.6% during the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock worth $108,078,000 after buying an additional 1,700,100 shares during the period. Finally, Bailard Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 670.9% in the second quarter. Bailard Inc. now owns 1,894,392 shares of the exchange traded fund’s stock valued at $91,385,000 after buying an additional 1,648,670 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 2.8%

iShares MSCI Emerging Markets ETF stock opened at $56.24 on Friday. The company has a 50 day moving average of $54.54 and a 200-day moving average of $51.99. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $56.31. The stock has a market capitalization of $21.39 billion, a PE ratio of 14.46 and a beta of 0.64.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.