iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Grimes & Company Inc.

Grimes & Company Inc. cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,820 shares of the exchange traded fund’s stock after selling 285 shares during the quarter. Grimes & Company Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,698,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EEM. International Assets Investment Management LLC raised its position in iShares MSCI Emerging Markets ETF by 4,429.5% in the third quarter. International Assets Investment Management LLC now owns 313,035 shares of the exchange traded fund’s stock valued at $14,356,000 after purchasing an additional 306,124 shares during the period. Elevated Capital Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 10.7% in the third quarter. Elevated Capital Advisors LLC now owns 6,714 shares of the exchange traded fund’s stock valued at $308,000 after buying an additional 649 shares in the last quarter. Eastern Bank purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $200,000. Signaturefd LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 8.3% in the 3rd quarter. Signaturefd LLC now owns 34,997 shares of the exchange traded fund’s stock valued at $1,605,000 after buying an additional 2,692 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $19,822,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM traded down $0.06 during trading on Thursday, hitting $45.17. The stock had a trading volume of 1,412,650 shares, compared to its average volume of 28,499,023. iShares MSCI Emerging Markets ETF has a twelve month low of $36.40 and a twelve month high of $47.44. The firm has a 50 day moving average price of $44.38 and a 200 day moving average price of $43.02.

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).