iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. decreased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 16.2% in the 4th quarter, HoldingsChannel reports. The firm owned 13,363 shares of the exchange traded fund’s stock after selling 2,581 shares during the quarter. Quintet Private Bank Europe S.A.’s holdings in iShares MSCI Emerging Markets ETF were worth $559,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of EEM. Compass Planning Associates Inc acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $36,000. Teachers Insurance & Annuity Association of America bought a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at about $37,000. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $38,000. Atmos Advisory LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $40,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $41,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $43.21 on Monday. The firm has a market cap of $16.00 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The firm’s 50 day moving average price is $42.86 and its two-hundred day moving average price is $43.69.

iShares MSCI Emerging Markets ETF 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).