Nixon Peabody Trust Co. Sells 1,845 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Nixon Peabody Trust Co. reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,085 shares of the exchange traded fund’s stock after selling 1,845 shares during the period. Nixon Peabody Trust Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $505,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. DRW Securities LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 603.8% during the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after purchasing an additional 2,344,192 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $105,980,000. LPL Financial LLC raised its holdings in iShares MSCI Emerging Markets ETF by 6.2% in the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after acquiring an additional 123,741 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 1.5% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after acquiring an additional 27,779 shares in the last quarter. Finally, Total Investment Management Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Total Investment Management Inc. now owns 1,541,272 shares of the exchange traded fund’s stock valued at $64,456,000 after acquiring an additional 54,732 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $43.21 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The stock has a market capitalization of $16.00 billion, a PE ratio of 14.53 and a beta of 0.70. The business has a fifty day moving average price of $42.86 and a two-hundred day moving average price of $43.68.

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).