Glenview Trust Co Has $6.49 Million Position in iShares MSCI Emerging Markets ETF $EEM

Glenview Trust Co reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.4% during the 4th quarter, HoldingsChannel reports. The fund owned 118,526 shares of the exchange traded fund’s stock after selling 8,066 shares during the period. Glenview Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $6,485,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. BTG Pactual Asset Management US LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $31,000. Richardson Capital Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $33,000. Woodside Wealth Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $33,000. Finally, Accredited Wealth Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 42.7% during the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 206 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $65.88 on Tuesday. The company’s fifty day simple moving average is $61.55 and its 200-day simple moving average is $58.65. iShares MSCI Emerging Markets ETF has a 12 month low of $45.23 and a 12 month high of $68.15. The stock has a market cap of $29.17 billion, a P/E ratio of 14.46 and a beta of 0.71.

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). 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.