Midwest Trust Co Lowers Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Midwest Trust Co decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 49.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,433 shares of the exchange traded fund’s stock after selling 48,059 shares during the period. Midwest Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $2,704,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of EEM. Brighton Jones LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares during the period. AQR Capital Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% during the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after acquiring an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $3,957,000. Gamco Investors INC. ET AL bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $462,000. Finally, Quantinno Capital Management LP boosted its position in shares of iShares MSCI Emerging Markets ETF by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after purchasing an additional 1,320 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.1%

Shares of EEM opened at $67.89 on Tuesday. The business’s 50 day moving average price is $60.18 and its 200-day moving average price is $57.91. iShares MSCI Emerging Markets ETF has a 52 week low of $45.23 and a 52 week high of $68.15. The stock has a market cap of $30.06 billion, a P/E ratio of 14.46 and a beta of 0.71.

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.