iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by First National Bank Sioux Falls

First National Bank Sioux Falls reduced its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 54.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,839 shares of the exchange traded fund’s stock after selling 9,384 shares during the quarter. First National Bank Sioux Falls’ holdings in iShares MSCI Emerging Markets ETF were worth $328,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fairscale Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $26,000. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $37,000. Covenant Partners LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares during the period. Bristlecone Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth $65,000. Finally, West Financial Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth $65,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM traded down $0.28 during trading hours on Monday, hitting $40.81. 23,208,091 shares of the stock were exchanged, compared to its average volume of 26,416,973. iShares MSCI Emerging Markets ETF has a one year low of $37.48 and a one year high of $47.44. The company’s 50 day moving average is $43.17 and its 200 day moving average is $43.58.

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).