Independence Bank of Kentucky Decreases Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Independence Bank of Kentucky reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,965 shares of the exchange traded fund’s stock after selling 4,825 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares MSCI Emerging Markets ETF were worth $2,750,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Fairscale Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $26,000. Woodmont Investment Counsel LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter worth $27,000. Innealta Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $32,000. Jamison Private Wealth Management Inc. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 836.5% during the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 870 shares during the last quarter. Finally, Clean Yield Group purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $43,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.1 %

Shares of NYSEARCA EEM traded down $0.06 during mid-day trading on Friday, reaching $45.97. 536,742 shares of the company were exchanged, compared to its average volume of 28,623,463. The firm has a 50-day moving average of $43.66 and a 200 day moving average of $42.72. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $47.44.

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).