iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Total Investment Management Inc.

Total Investment Management Inc. lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.1% during the first quarter, HoldingsChannel reports. The fund owned 1,470,215 shares of the exchange traded fund’s stock after selling 15,638 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 7.6% of Total Investment Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Total Investment Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $60,396,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Anchor Investment Management LLC acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Cetera Trust Company N.A purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $32,000. Eagle Bay Advisors LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 430.9% in the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 655 shares during the period. DiNuzzo Private Wealth Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $34,000. Finally, FNY Investment Advisers LLC acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.2 %

iShares MSCI Emerging Markets ETF stock traded up $0.08 during trading hours on Friday, hitting $42.59. The stock had a trading volume of 22,614,494 shares, compared to its average volume of 28,306,182. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $43.87. The stock’s fifty day moving average is $42.33 and its two-hundred day moving average is $40.79.

About iShares MSCI Emerging Markets ETF

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).