Sentinel Trust Co. LBA Sells 419 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sentinel Trust Co. LBA cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 33,382 shares of the exchange traded fund’s stock after selling 419 shares during the quarter. Sentinel Trust Co. LBA’s holdings in iShares MSCI Emerging Markets ETF were worth $1,396,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EEM. Compass Planning Associates Inc acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $36,000. Teachers Insurance & Annuity Association of America bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $37,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $38,000. Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $40,000. Finally, CarsonAllaria Wealth Management Ltd. increased its position in shares of iShares MSCI Emerging Markets ETF by 40.0% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 1.9 %

EEM opened at $43.81 on Friday. The stock has a market capitalization of $16.23 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The company has a 50-day simple moving average of $42.84 and a 200 day simple moving average of $43.67.

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).