CIBC Private Wealth Group LLC Decreases Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

CIBC Private Wealth Group LLC lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report) by 3.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,090,001 shares of the exchange traded fund’s stock after selling 38,530 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $43,829,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. TD Asset Management Inc increased its stake in iShares MSCI Emerging Markets ETF by 657.0% in the fourth quarter. TD Asset Management Inc now owns 4,376,975 shares of the exchange traded fund’s stock worth $175,998,000 after purchasing an additional 3,798,757 shares during the period. SG Americas Securities LLC increased its stake in iShares MSCI Emerging Markets ETF by 70.2% in the fourth quarter. SG Americas Securities LLC now owns 3,317,237 shares of the exchange traded fund’s stock worth $133,386,000 after purchasing an additional 1,368,272 shares during the period. Greenleaf Trust increased its stake in iShares MSCI Emerging Markets ETF by 3.5% in the third quarter. Greenleaf Trust now owns 2,396,756 shares of the exchange traded fund’s stock worth $90,957,000 after purchasing an additional 82,079 shares during the period. LPL Financial LLC increased its stake in iShares MSCI Emerging Markets ETF by 3.5% in the third quarter. LPL Financial LLC now owns 2,276,818 shares of the exchange traded fund’s stock worth $86,405,000 after purchasing an additional 76,573 shares during the period. Finally, Factory Mutual Insurance Co. increased its stake in iShares MSCI Emerging Markets ETF by 67.5% in the fourth quarter. Factory Mutual Insurance Co. now owns 1,546,400 shares of the exchange traded fund’s stock worth $62,181,000 after purchasing an additional 623,000 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.4 %

EEM stock opened at $41.64 on Wednesday. The business’s fifty day simple moving average is $41.75 and its two-hundred day simple moving average is $40.42. 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

(Free Report)

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).

See Also

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.