Watch Point Trust Co Sells 6,652 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Watch Point Trust Co decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 27.4% in the third quarter, Holdings Channel reports. The firm owned 17,600 shares of the exchange traded fund’s stock after selling 6,652 shares during the quarter. Watch Point Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $720,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Karp Capital Management Corp lifted its stake in shares of iShares MSCI Emerging Markets ETF by 17.2% in the third quarter. Karp Capital Management Corp now owns 162,040 shares of the exchange traded fund’s stock valued at $6,623,000 after buying an additional 23,765 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 342.9% during the third quarter. SG Americas Securities LLC now owns 1,686,358 shares of the exchange traded fund’s stock worth $68,921,000 after purchasing an additional 1,305,614 shares during the last quarter. Managed Asset Portfolios LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 8.2% during the third quarter. Managed Asset Portfolios LLC now owns 9,240 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 700 shares during the last quarter. Manchester Capital Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $1,545,000. Finally, Bartlett & Co. LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 7.1% in the third quarter. Bartlett & Co. LLC now owns 25,231 shares of the exchange traded fund’s stock valued at $1,031,000 after acquiring an additional 1,675 shares in the last quarter.

Shares of EEM stock traded down $0.40 on Friday, hitting $43.68. The stock had a trading volume of 68,666,681 shares, compared to its average volume of 66,046,234. The business has a 50 day moving average price of $41.93 and a 200 day moving average price of $41.67. iShares MSCI Emerging Markets ETF has a one year low of $38.04 and a one year high of $44.84.

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).

Featured Story: Market Capitalization and Individual Investors

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.