PNC Financial Services Group Inc. Sells 159,742 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

PNC Financial Services Group Inc. reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.1% in the third quarter, HoldingsChannel.com reports. The firm owned 5,002,092 shares of the exchange traded fund’s stock after selling 159,742 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $229,396,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Clarus Wealth Advisors grew its holdings in shares of iShares MSCI Emerging Markets ETF by 0.7% in the third quarter. Clarus Wealth Advisors now owns 33,534 shares of the exchange traded fund’s stock worth $1,588,000 after purchasing an additional 232 shares during the last quarter. Carret Asset Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 1.3% in the 2nd quarter. Carret Asset Management LLC now owns 19,525 shares of the exchange traded fund’s stock worth $832,000 after acquiring an additional 258 shares in the last quarter. Patriot Investment Management Group Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 1.6% during the second quarter. Patriot Investment Management Group Inc. now owns 16,036 shares of the exchange traded fund’s stock worth $683,000 after acquiring an additional 259 shares during the period. Signaturefd LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.8% during the second quarter. Signaturefd LLC now owns 32,305 shares of the exchange traded fund’s stock valued at $1,376,000 after acquiring an additional 263 shares in the last quarter. Finally, One Wealth Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 2.6% during the third quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock valued at $501,000 after acquiring an additional 280 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.1 %

Shares of NYSEARCA EEM opened at $43.44 on Tuesday. iShares MSCI Emerging Markets ETF has a twelve month low of $37.48 and a twelve month high of $47.44. The business has a fifty day simple moving average of $44.87 and a two-hundred day simple moving average of $43.51.

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).