Trustmark Bank Trust Department Decreases Stake in iShares MSCI Emerging Markets ETF $EEM

Trustmark Bank Trust Department reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 149,217 shares of the exchange traded fund’s stock after selling 1,455 shares during the period. Trustmark Bank Trust Department’s holdings in iShares MSCI Emerging Markets ETF were worth $7,198,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Sowell Financial Services LLC lifted its position in iShares MSCI Emerging Markets ETF by 0.3% during the 2nd quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after acquiring an additional 211 shares during the period. Optimum Investment Advisors lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.8% during the second quarter. Optimum Investment Advisors now owns 7,826 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 214 shares during the period. Red Tortoise LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.8% in the second quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock valued at $1,385,000 after buying an additional 220 shares during the last quarter. Private Wealth Asset Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.6% in the second quarter. Private Wealth Asset Management LLC now owns 38,779 shares of the exchange traded fund’s stock valued at $1,871,000 after buying an additional 236 shares during the last quarter. Finally, Hardin Capital Partners LLC increased its holdings in iShares MSCI Emerging Markets ETF by 3.2% in the 2nd quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock worth $374,000 after buying an additional 237 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.1%

EEM opened at $54.32 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $56.31. The firm has a 50 day moving average of $54.26 and a two-hundred day moving average of $50.65. The firm has a market capitalization of $20.66 billion, a PE ratio of 14.46 and a beta of 0.64.

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).