Canandaigua National Bank & Trust Co. Has $1.75 Million Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Canandaigua National Bank & Trust Co. decreased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 41,906 shares of the exchange traded fund’s stock after selling 2,360 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,753,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in EEM. Bank of Montreal Can boosted its position 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 last quarter. DRW Securities LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 603.8% during the 3rd 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 3rd quarter valued at approximately $105,980,000. Erste Asset Management GmbH bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $29,856,000. Finally, Flagship Harbor Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $19,822,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.4 %

NYSEARCA EEM opened at $42.30 on Tuesday. iShares MSCI Emerging Markets ETF has a 12-month low of $37.48 and a 12-month high of $47.44. The company has a 50 day moving average price of $43.42 and a two-hundred day moving average price of $43.60.

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).