iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by First PREMIER Bank

First PREMIER Bank decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 900 shares of the exchange traded fund’s stock after selling 400 shares during the period. First PREMIER Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $38,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. DRW Securities LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 603.8% in the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after buying an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $105,980,000. Erste Asset Management GmbH acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $29,856,000. Flagship Harbor Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $19,822,000. Finally, Flow Traders U.S. LLC purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter worth $17,112,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $42.57 on Thursday. The firm has a 50-day moving average price of $42.74 and a 200 day moving average price of $43.51. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $47.44.

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).