Nixon Peabody Trust Co. Invests $738,000 in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Nixon Peabody Trust Co. purchased a new position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,345 shares of the exchange traded fund’s stock, valued at approximately $738,000.

A number of other hedge funds have also recently modified their holdings of EEM. Anchor Investment Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $31,000. Cetera Trust Company N.A purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $32,000. Eagle Bay Advisors LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 430.9% during the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 655 shares during the last quarter. DiNuzzo Private Wealth Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $34,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.3 %

Shares of NYSEARCA:EEM traded up $0.11 during trading on Friday, reaching $43.01. The company had a trading volume of 20,986,337 shares, compared to its average volume of 28,484,713. The firm’s fifty day moving average is $41.51 and its 200 day moving average is $40.20. iShares MSCI Emerging Markets ETF has a twelve month low of $36.38 and a twelve month high of $43.87.

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).