Simmons Bank Trims Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Simmons Bank trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,063 shares of the exchange traded fund’s stock after selling 2,031 shares during the period. Simmons Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $4,772,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Jane Street Group LLC lifted its position in iShares MSCI Emerging Markets ETF by 15.2% during the first quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock worth $1,017,805,000 after buying an additional 3,270,493 shares during the period. OLD Mission Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the first quarter valued at approximately $880,516,000. Bank of Montreal Can increased its holdings in shares of iShares MSCI Emerging Markets ETF by 91.1% during the 2nd quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after buying an additional 3,382,010 shares during the last quarter. LPL Financial LLC grew its position in iShares MSCI Emerging Markets ETF by 1.8% during the second quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock valued at $84,972,000 after acquiring an additional 35,297 shares during the period. Finally, Nisa Investment Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth about $74,532,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 1.9 %

Shares of NYSEARCA:EEM opened at $43.47 on Wednesday. The stock has a 50-day simple moving average of $44.80 and a 200-day simple moving average of $43.46. iShares MSCI Emerging Markets ETF has a 1 year low of $37.48 and a 1 year high of $47.44.

About iShares MSCI Emerging Markets ETF

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).