iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Clearstead Trust LLC

Clearstead Trust LLC lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,830 shares of the exchange traded fund’s stock after selling 670 shares during the period. Clearstead Trust LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $160,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of EEM. Atria Investments Inc grew its position in shares of iShares MSCI Emerging Markets ETF by 10.0% in the third quarter. Atria Investments Inc now owns 28,043 shares of the exchange traded fund’s stock valued at $1,286,000 after purchasing an additional 2,539 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 4.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 165,227 shares of the exchange traded fund’s stock valued at $7,577,000 after purchasing an additional 6,376 shares during the period. Victory Capital Management Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 35.3% in the third quarter. Victory Capital Management Inc. now owns 377,979 shares of the exchange traded fund’s stock valued at $17,334,000 after purchasing an additional 98,646 shares during the period. Haverford Trust Co grew its position in shares of iShares MSCI Emerging Markets ETF by 6.3% in the third quarter. Haverford Trust Co now owns 14,857 shares of the exchange traded fund’s stock valued at $681,000 after purchasing an additional 885 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 1.0% in the third quarter. Oppenheimer Asset Management Inc. now owns 69,166 shares of the exchange traded fund’s stock valued at $3,172,000 after purchasing an additional 718 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.8 %

Shares of NYSEARCA:EEM opened at $44.58 on Friday. The company has a market cap of $16.51 billion, a P/E ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The business has a fifty day simple moving average of $43.19 and a 200-day simple moving average of $43.72.

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).