Desjardins Global Asset Management Inc. Has $838,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Desjardins Global Asset Management Inc. reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 80.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,832 shares of the exchange traded fund’s stock after selling 85,713 shares during the period. Desjardins Global Asset Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $838,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Balentine LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth $28,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $28,000. Anchor Investment Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $31,000. Pacific Center for Financial Services bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $31,000. Finally, FNY Investment Advisers LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $39.71 on Thursday. iShares MSCI Emerging Markets ETF has a 52 week low of $36.38 and a 52 week high of $42.00. The stock has a 50 day moving average price of $40.61 and a two-hundred day moving average price of $39.38.

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).