OLD National Bancorp IN Cuts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

OLD National Bancorp IN lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 33.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,762 shares of the exchange traded fund’s stock after selling 10,071 shares during the quarter. OLD National Bancorp IN’s holdings in iShares MSCI Emerging Markets ETF were worth $795,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Anchor Investment Management LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $31,000. Cetera Trust Company N.A purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $32,000. FNY Investment Advisers LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $40,000. Wetzel Investment Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $48,000. Finally, Sheets Smith Wealth Management purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $49,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.8 %

Shares of iShares MSCI Emerging Markets ETF stock opened at $40.47 on Wednesday. The stock has a 50 day moving average price of $40.66 and a 200-day moving average price of $39.47. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $42.00.

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).