City Holding Co. Cuts Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

City Holding Co. decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,595 shares of the exchange traded fund’s stock after selling 1,545 shares during the period. City Holding Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $4,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in iShares MSCI Emerging Markets ETF by 1,724.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after buying an additional 7,883,989 shares in the last quarter. TD Asset Management Inc. boosted its position in iShares MSCI Emerging Markets ETF by 4.9% during the fourth quarter. TD Asset Management Inc. now owns 4,423,372 shares of the exchange traded fund’s stock worth $184,985,000 after acquiring an additional 207,719 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in iShares MSCI Emerging Markets ETF by 4,632.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock valued at $136,863,000 after acquiring an additional 3,203,501 shares in the last quarter. Lazard Asset Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 233.0% in the 4th quarter. Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock valued at $114,532,000 after acquiring an additional 1,916,377 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in iShares MSCI Emerging Markets ETF by 14.8% in the 4th quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock valued at $101,682,000 after acquiring an additional 312,551 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $46.92 on Monday. The firm has a market capitalization of $17.67 billion, a price-to-earnings ratio of 13.99 and a beta of 0.62. The company’s 50 day simple moving average is $44.01 and its two-hundred day simple moving average is $43.56. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $47.44.

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).