Finemark National Bank & Trust Has $18.14 Million Holdings in iShares MSCI Emerging Markets ETF $EEM

Finemark National Bank & Trust lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 339,623 shares of the exchange traded fund’s stock after selling 22,426 shares during the period. Finemark National Bank & Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $18,136,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc grew its holdings in shares of iShares MSCI Emerging Markets ETF by 369.7% during the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 366 shares in the last quarter. Richardson Capital Management LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $33,000. Traub Capital Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $34,000. Heartwood Wealth Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $37,000. Finally, Accredited Wealth Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 42.7% in the third quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 206 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.2%

Shares of EEM opened at $62.58 on Friday. The stock has a market capitalization of $28.53 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $65.96. The firm has a fifty day simple moving average of $58.65 and a 200 day simple moving average of $55.12.

iShares MSCI Emerging Markets ETF Company 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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.