iShares MSCI Emerging Markets ETF $EEM Shares Sold by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lowered its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.2% in the second quarter, HoldingsChannel reports. The firm owned 143,708 shares of the exchange traded fund’s stock after selling 337 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,932,000 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 added to or reduced their stakes in the stock. Sowell Financial Services LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.3% during the 2nd quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock valued at $3,445,000 after purchasing an additional 211 shares during the period. Red Tortoise LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.8% during the 2nd quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock worth $1,385,000 after acquiring an additional 220 shares during the period. Private Wealth Asset Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.6% during the 2nd quarter. Private Wealth Asset Management LLC now owns 38,779 shares of the exchange traded fund’s stock worth $1,871,000 after acquiring an additional 236 shares during the period. Hardin Capital Partners LLC boosted its position in iShares MSCI Emerging Markets ETF by 3.2% during the 2nd quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 237 shares during the period. Finally, ShoreHaven Wealth Partners LLC boosted its position in iShares MSCI Emerging Markets ETF by 1.4% during the 2nd quarter. ShoreHaven Wealth Partners LLC now owns 17,714 shares of the exchange traded fund’s stock worth $855,000 after acquiring an additional 238 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $54.31 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $55.03. The stock has a fifty day moving average of $52.09 and a two-hundred day moving average of $48.28. The firm has a market capitalization of $20.65 billion, a PE ratio of 14.46 and a beta of 0.74.

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).