Midwest Trust Co reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 49.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,433 shares of the exchange traded fund’s stock after selling 48,059 shares during the quarter. Midwest Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $2,704,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in the stock. Resonant Capital Advisors LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.4% in the 4th quarter. Resonant Capital Advisors LLC now owns 14,036 shares of the exchange traded fund’s stock worth $768,000 after purchasing an additional 195 shares in the last quarter. Aspiriant LLC raised its holdings in iShares MSCI Emerging Markets ETF by 0.5% in the 4th quarter. Aspiriant LLC now owns 39,780 shares of the exchange traded fund’s stock worth $2,176,000 after acquiring an additional 204 shares during the last quarter. Accredited Wealth Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 42.7% in the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 206 shares during the last quarter. J2 Capital Management Inc raised its holdings in iShares MSCI Emerging Markets ETF by 0.5% in the 4th quarter. J2 Capital Management Inc now owns 39,927 shares of the exchange traded fund’s stock worth $2,184,000 after acquiring an additional 207 shares during the last quarter. Finally, United Capital Financial Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 0.4% in the 3rd quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock worth $3,136,000 after acquiring an additional 213 shares during the last quarter. 81.39% of the stock is owned by institutional investors.
iShares MSCI Emerging Markets ETF Stock Down 0.1%
Shares of NYSEARCA EEM opened at $67.89 on Tuesday. iShares MSCI Emerging Markets ETF has a twelve month low of $45.23 and a twelve month high of $68.15. The firm has a market cap of $30.06 billion, a P/E ratio of 14.46 and a beta of 0.71. The company has a 50 day moving average of $60.18 and a 200 day moving average of $57.91.
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.
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