First Hawaiian Bank Sells 18,682 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

First Hawaiian Bank lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 66.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,295 shares of the exchange traded fund’s stock after selling 18,682 shares during the period. First Hawaiian Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $396,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Woodmont Investment Counsel LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at approximately $27,000. Cetera Trust Company N.A purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $32,000. Eagle Bay Advisors LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 430.9% during the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 655 shares in the last quarter. DiNuzzo Private Wealth Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $34,000. Finally, Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $48,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.9 %

Shares of EEM stock traded up $0.37 on Tuesday, hitting $40.79. 22,974,749 shares of the stock traded hands, compared to its average volume of 28,309,648. The firm has a 50 day simple moving average of $42.71 and a two-hundred day simple moving average of $41.46. iShares MSCI Emerging Markets ETF has a 52 week low of $36.38 and a 52 week high of $44.64.

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).