Finemark National Bank & Trust Has $18.14 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Finemark National Bank & Trust trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 339,623 shares of the exchange traded fund’s stock after selling 22,426 shares during the quarter. Finemark National Bank & Trust owned 0.09% of iShares MSCI Emerging Markets ETF worth $18,136,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in iShares MSCI Emerging Markets ETF by 11.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,043,203 shares of the exchange traded fund’s stock worth $580,964,000 after buying an additional 1,256,608 shares during the period. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $407,231,000. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of iShares MSCI Emerging Markets ETF by 212.1% during the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 4,634,821 shares of the exchange traded fund’s stock worth $223,062,000 after purchasing an additional 3,149,813 shares during the period. Corient Private Wealth LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 206.0% during the second quarter. Corient Private Wealth LLC now owns 3,240,329 shares of the exchange traded fund’s stock worth $156,313,000 after purchasing an additional 2,181,269 shares during the period. Finally, Bank of Nova Scotia lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 314.6% during the 2nd quarter. Bank of Nova Scotia now owns 2,240,422 shares of the exchange traded fund’s stock valued at $108,078,000 after purchasing an additional 1,700,100 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $62.58 on Friday. The stock has a market cap of $28.53 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The business has a 50 day simple moving average of $58.65 and a 200 day simple moving average of $55.12. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $65.96.

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). 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.