Traders sold shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) on strength during trading hours on Wednesday. $266.62 million flowed into the stock on the tick-up and $342.54 million flowed out of the stock on the tick-down, for a money net flow of $75.92 million out of the stock. Of all equities tracked, iShares MSCI Emerging Markets ETF had the 0th highest net out-flow for the day. iShares MSCI Emerging Markets ETF traded up $0.12 for the day and closed at $47.81

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Midwest Bank Trust Division lifted its stake in shares of iShares MSCI Emerging Markets ETF by 1.4% in the 2nd quarter. First Midwest Bank Trust Division now owns 37,476 shares of the exchange traded fund’s stock valued at $1,551,000 after purchasing an additional 525 shares during the period. Moloney Securities Asset Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3.2% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 12,584 shares of the exchange traded fund’s stock valued at $521,000 after purchasing an additional 390 shares during the period. ING Groep NV lifted its stake in shares of iShares MSCI Emerging Markets ETF by 35.2% in the 2nd quarter. ING Groep NV now owns 348,531 shares of the exchange traded fund’s stock valued at $14,426,000 after purchasing an additional 90,805 shares during the period. Montecito Bank & Trust lifted its stake in shares of iShares MSCI Emerging Markets ETF by 24.4% in the 2nd quarter. Montecito Bank & Trust now owns 137,187 shares of the exchange traded fund’s stock valued at $5,679,000 after purchasing an additional 26,876 shares during the period. Finally, 1ST Source Bank lifted its stake in shares of iShares MSCI Emerging Markets ETF by 9.6% in the 2nd quarter. 1ST Source Bank now owns 96,008 shares of the exchange traded fund’s stock valued at $3,974,000 after purchasing an additional 8,400 shares during the period.

TRADEMARK VIOLATION NOTICE: This piece of content was originally posted by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/investors-sell-ishares-msci-emerging-markets-etf-eem-on-strength-eem/1723380.html.

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).

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with Analyst Ratings Network's FREE daily email newsletter.