iShares MSCI Emerging Markets ETF $EEM Stock Position Decreased by Private Trust Co. NA

Private Trust Co. NA cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 53.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,376 shares of the exchange traded fund’s stock after selling 9,639 shares during the quarter. Private Trust Co. NA’s holdings in iShares MSCI Emerging Markets ETF were worth $458,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc boosted its position in shares of iShares MSCI Emerging Markets ETF by 369.7% in the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 366 shares during the period. BTG Pactual Asset Management US LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 101.3% in the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares during the period. Richardson Capital Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $33,000. Accredited Wealth Management LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 42.7% in the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 206 shares during the period. Finally, Painted Porch Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $37,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $63.64 on Monday. The stock has a market cap of $28.18 billion, a PE ratio of 14.46 and a beta of 0.66. The business has a fifty day simple moving average of $59.34 and a 200-day simple moving average of $56.86. iShares MSCI Emerging Markets ETF has a 12 month low of $41.61 and a 12 month high of $65.96.

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). 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.