City Holding Co. Sells 10,335 Shares of iShares MSCI Emerging Markets ETF $EEM

City Holding Co. trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 92,114 shares of the exchange traded fund’s stock after selling 10,335 shares during the quarter. City Holding Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,301,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EEM. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $25,000. Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at $27,000. BTG Pactual Asset Management US LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares during the period. Finally, Elevated Capital Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $31,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock opened at $65.17 on Tuesday. The stock has a fifty day simple moving average of $66.28 and a two-hundred day simple moving average of $63.09. The firm has a market capitalization of $29.30 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 52-week low of $49.23 and a 52-week high of $71.57.

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.