Comerica Bank Trims Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Comerica Bank lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 513,878 shares of the exchange traded fund’s stock after selling 36,301 shares during the period. Comerica Bank owned about 0.12% of iShares MSCI Emerging Markets ETF worth $28,114,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $407,231,000. Mariner LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 23.8% during the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after buying an additional 447,010 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 18.3% during the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after buying an additional 313,978 shares during the last quarter. National Bank of Canada FI lifted its holdings in iShares MSCI Emerging Markets ETF by 21,534.1% during the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after buying an additional 1,969,944 shares during the last quarter. Finally, Duquesne Family Office LLC bought a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $101,460,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.2%

NYSEARCA:EEM opened at $63.64 on Tuesday. The business’s 50 day moving average is $59.59 and its two-hundred day moving average is $57.24. iShares MSCI Emerging Markets ETF has a 52 week low of $43.32 and a 52 week high of $65.96. The company has a market cap of $28.18 billion, a PE ratio of 14.46 and a beta of 0.66.

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). 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.