Fiduciary Trust Co Cuts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Fiduciary Trust Co lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 185,786 shares of the exchange traded fund’s stock after selling 7,750 shares during the quarter. Fiduciary Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $7,770,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Fullcircle Wealth LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $235,000. Citizens Business Bank raised its holdings in shares of iShares MSCI Emerging Markets ETF by 6.1% during the 4th quarter. Citizens Business Bank now owns 4,794 shares of the exchange traded fund’s stock valued at $200,000 after buying an additional 276 shares during the period. Deutsche Bank AG lifted its position in iShares MSCI Emerging Markets ETF by 8.7% during the 4th quarter. Deutsche Bank AG now owns 962,487 shares of the exchange traded fund’s stock worth $40,251,000 after acquiring an additional 77,003 shares in the last quarter. Dimension Capital Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 2.2% in the 4th quarter. Dimension Capital Management LLC now owns 233,845 shares of the exchange traded fund’s stock worth $9,779,000 after acquiring an additional 5,096 shares during the period. Finally, Crabel Capital Management LLC grew its position in iShares MSCI Emerging Markets ETF by 64.0% in the fourth quarter. Crabel Capital Management LLC now owns 12,985 shares of the exchange traded fund’s stock valued at $543,000 after acquiring an additional 5,069 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.7 %

NYSEARCA EEM opened at $44.91 on Friday. The stock has a market cap of $16.92 billion, a P/E ratio of 13.13 and a beta of 0.63. The company’s fifty day simple moving average is $43.28 and its 200-day simple moving average is $43.31. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $47.44.

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).