Bailard Inc. Cuts Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bailard Inc. lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 239,758 shares of the exchange traded fund’s stock after selling 1,875 shares during the quarter. Bailard Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $9,641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EEM. CWM LLC boosted its position in iShares MSCI Emerging Markets ETF by 12.5% during the 3rd quarter. CWM LLC now owns 26,186 shares of the exchange traded fund’s stock worth $994,000 after purchasing an additional 2,912 shares during the period. Private Trust Co. NA boosted its position in shares of iShares MSCI Emerging Markets ETF by 2.2% in the third quarter. Private Trust Co. NA now owns 29,840 shares of the exchange traded fund’s stock worth $1,132,000 after buying an additional 644 shares during the period. Dominguez Wealth Management Solutions Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.1% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 32,435 shares of the exchange traded fund’s stock worth $1,231,000 after buying an additional 347 shares during the period. Coastline Trust Co grew its stake in shares of iShares MSCI Emerging Markets ETF by 14.9% in the third quarter. Coastline Trust Co now owns 12,722 shares of the exchange traded fund’s stock valued at $483,000 after buying an additional 1,653 shares in the last quarter. Finally, Next Capital Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 6.2% during the 3rd quarter. Next Capital Management LLC now owns 27,557 shares of the exchange traded fund’s stock valued at $1,046,000 after buying an additional 1,600 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.3 %

NYSEARCA:EEM traded up $0.14 during trading hours on Wednesday, hitting $40.61. The stock had a trading volume of 18,106,627 shares, compared to its average volume of 29,006,512. The business has a 50 day simple moving average of $40.67 and a two-hundred day simple moving average of $39.48. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $42.00.

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).