First National Bank Sioux Falls Has $328,000 Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

First National Bank Sioux Falls lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 54.5% in the 4th quarter, HoldingsChannel reports. The fund owned 7,839 shares of the exchange traded fund’s stock after selling 9,384 shares during the quarter. First National Bank Sioux Falls’ holdings in iShares MSCI Emerging Markets ETF were worth $328,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Bank of Montreal Can grew its holdings in iShares MSCI Emerging Markets ETF by 91.1% during the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after purchasing an additional 3,382,010 shares during the period. DRW Securities LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 603.8% in the third 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 in the last quarter. SPX Gestao de Recursos Ltda bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $105,980,000. LPL Financial LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 6.2% in the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after purchasing an additional 123,741 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in shares of iShares MSCI Emerging Markets ETF by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock worth $63,829,000 after purchasing an additional 6,995 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

Shares of EEM stock traded down $0.28 during trading on Monday, reaching $40.81. The company’s stock had a trading volume of 23,208,091 shares, compared to its average volume of 26,416,973. iShares MSCI Emerging Markets ETF has a one year low of $37.48 and a one year high of $47.44. The business has a fifty day moving average price of $43.17 and a 200-day moving average price of $43.58.

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).