iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Pictet North America Advisors SA

Pictet North America Advisors SA trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 352,527 shares of the exchange traded fund’s stock after selling 27,746 shares during the quarter. iShares MSCI Emerging Markets ETF makes up 1.4% of Pictet North America Advisors SA’s holdings, making the stock its 21st largest holding. Pictet North America Advisors SA’s holdings in iShares MSCI Emerging Markets ETF were worth $14,743,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Teachers Insurance & Annuity Association of America acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $37,000. Covenant Partners LLC increased its stake in iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 790 shares during the period. Atmos Advisory LLC bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $40,000. CarsonAllaria Wealth Management Ltd. increased its stake in iShares MSCI Emerging Markets ETF by 40.0% during the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 349 shares during the period. Finally, Bristlecone Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $65,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.6 %

EEM stock opened at $44.07 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44. The business’s 50 day moving average is $42.65 and its 200-day moving average is $43.47.

iShares MSCI Emerging Markets ETF Company 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).