Retirement Systems of Alabama Trims Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Retirement Systems of Alabama decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,142,425 shares of the exchange traded fund’s stock after selling 41,427 shares during the period. iShares MSCI Emerging Markets ETF makes up 1.6% of Retirement Systems of Alabama’s portfolio, making the stock its 6th largest position. Retirement Systems of Alabama owned approximately 2.26% of iShares MSCI Emerging Markets ETF worth $419,272,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Bank of Montreal Can boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 91.1% in the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after buying an additional 3,382,010 shares during the period. DRW Securities LLC lifted its stake in iShares MSCI Emerging Markets ETF by 603.8% in the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after acquiring an additional 2,344,192 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 6.2% in the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after purchasing an additional 123,741 shares in the last quarter. Nisa Investment Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $74,532,000. Finally, The Manufacturers Life Insurance Company grew its position in shares of iShares MSCI Emerging Markets ETF by 0.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock valued at $63,829,000 after acquiring an additional 6,995 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.2 %

Shares of NYSEARCA EEM opened at $44.08 on Friday. iShares MSCI Emerging Markets ETF has a 12 month low of $37.48 and a 12 month high of $47.44. The stock has a 50 day moving average of $44.57 and a 200-day moving average of $43.58.

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).