iShares MSCI Emerging Markets ETF $EEM Shares Sold by Greenleaf Trust

Greenleaf Trust lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.0% during the 4th quarter, HoldingsChannel reports. The firm owned 1,524,913 shares of the exchange traded fund’s stock after selling 46,494 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 0.8% of Greenleaf Trust’s holdings, making the stock its 13th biggest position. Greenleaf Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $83,428,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $407,231,000. Corient Private Wealth LLC lifted its position in iShares MSCI Emerging Markets ETF by 206.0% in the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock valued at $156,313,000 after buying an additional 2,181,269 shares during the last quarter. Invesco Ltd. acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $100,644,000. National Bank of Canada FI lifted its position in iShares MSCI Emerging Markets ETF by 21,534.1% in the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after buying an additional 1,969,944 shares during the last quarter. Finally, Duquesne Family Office LLC acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $101,460,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $57.31 on Wednesday. The firm’s 50-day moving average is $59.01 and its two-hundred day moving average is $56.39. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $65.96. The stock has a market capitalization of $25.38 billion, a P/E ratio of 14.46 and a beta of 0.65.

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.