Bank Julius Baer & Co. Ltd Zurich Reduces Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bank Julius Baer & Co. Ltd Zurich reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 52,854 shares of the exchange traded fund’s stock after selling 5,984 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares MSCI Emerging Markets ETF were worth $2,125,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. SG Americas Securities LLC grew its holdings in iShares MSCI Emerging Markets ETF by 70.2% during the 4th quarter. SG Americas Securities LLC now owns 3,317,237 shares of the exchange traded fund’s stock worth $133,386,000 after acquiring an additional 1,368,272 shares in the last quarter. Greenleaf Trust grew its holdings in iShares MSCI Emerging Markets ETF by 3.5% during the 3rd quarter. Greenleaf Trust now owns 2,396,756 shares of the exchange traded fund’s stock worth $90,957,000 after acquiring an additional 82,079 shares in the last quarter. LPL Financial LLC grew its holdings in iShares MSCI Emerging Markets ETF by 3.5% during the 3rd quarter. LPL Financial LLC now owns 2,276,818 shares of the exchange traded fund’s stock worth $86,405,000 after acquiring an additional 76,573 shares in the last quarter. Factory Mutual Insurance Co. grew its holdings in iShares MSCI Emerging Markets ETF by 67.5% during the 4th quarter. Factory Mutual Insurance Co. now owns 1,546,400 shares of the exchange traded fund’s stock worth $62,181,000 after acquiring an additional 623,000 shares in the last quarter. Finally, Total Investment Management Inc. grew its holdings in iShares MSCI Emerging Markets ETF by 9.5% during the 3rd quarter. Total Investment Management Inc. now owns 1,461,188 shares of the exchange traded fund’s stock worth $55,452,000 after acquiring an additional 126,874 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 1.1 %

NYSEARCA EEM opened at $41.16 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $42.00. The company has a 50-day simple moving average of $40.71 and a 200-day simple moving average of $39.51.

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).