iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Bridges Investment Management Inc.

Bridges Investment Management Inc. cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 112,717 shares of the exchange traded fund’s stock after selling 4,960 shares during the quarter. Bridges Investment Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $4,714,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of EEM. Compass Planning Associates Inc bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $36,000. Teachers Insurance & Annuity Association of America acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $37,000. Creative Capital Management Investments LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $38,000. Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $40,000. Finally, CarsonAllaria Wealth Management Ltd. boosted its stake in shares of iShares MSCI Emerging Markets ETF by 40.0% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 349 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 1.4 %

Shares of NYSEARCA EEM opened at $43.21 on Friday. The stock’s fifty day simple moving average is $42.86 and its 200 day simple moving average is $43.68. The stock has a market capitalization of $16.00 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44.

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).