Pine Valley Investments Ltd Liability Co Has $3.04 Million Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Pine Valley Investments Ltd Liability Co cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report) by 40.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,094 shares of the exchange traded fund’s stock after selling 54,275 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in iShares MSCI Emerging Markets ETF were worth $3,040,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ST Germain D J Co. Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $25,000. Balentine LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $28,000. Householder Group Estate & Retirement Specialist LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $28,000. Pacific Center for Financial Services purchased a new stake in iShares MSCI Emerging Markets ETF in the first quarter worth $31,000. Finally, Pin Oak Investment Advisors Inc. increased its position in iShares MSCI Emerging Markets ETF by 49.0% in the second quarter. Pin Oak Investment Advisors Inc. now owns 1,073 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 353 shares during the last quarter. 76.58% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM traded up $0.77 during trading hours on Tuesday, reaching $39.47. The stock had a trading volume of 27,587,590 shares, compared to its average volume of 28,024,182. The stock has a 50 day simple moving average of $39.21 and a 200 day simple moving average of $38.96. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $42.00.

iShares MSCI Emerging Markets ETF Company Profile

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.