TIAA Trust National Association Has $6.08 Million Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

TIAA Trust National Association reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 145,344 shares of the exchange traded fund’s stock after selling 10,677 shares during the period. TIAA Trust National Association’s holdings in iShares MSCI Emerging Markets ETF were worth $6,078,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EEM. Shared Vision Wealth Group LLC grew its position in iShares MSCI Emerging Markets ETF by 3.7% during the fourth quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock valued at $300,000 after acquiring an additional 256 shares during the last quarter. Delap Wealth Advisory LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 2.2% during the 4th quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock valued at $507,000 after purchasing an additional 257 shares during the last quarter. Rockland Trust Co. raised its position in iShares MSCI Emerging Markets ETF by 0.8% in the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after purchasing an additional 260 shares during the period. Venturi Wealth Management LLC lifted its stake in iShares MSCI Emerging Markets ETF by 13.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 272 shares during the last quarter. Finally, Sax Wealth Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 3.1% during the fourth quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 276 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.3 %

EEM opened at $44.65 on Wednesday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The business’s 50-day moving average price is $43.66 and its 200-day moving average price is $43.83. The company has a market cap of $16.92 billion, a P/E ratio of 14.88 and a beta of 0.72.

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).