FineMark National Bank & Trust Acquires 1,788 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

FineMark National Bank & Trust grew its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 387,603 shares of the exchange traded fund’s stock after acquiring an additional 1,788 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $16,210,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Shared Vision Wealth Group LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.7% during the 4th quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock worth $300,000 after buying an additional 256 shares in the last quarter. Delap Wealth Advisory LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.2% in the fourth quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after acquiring an additional 257 shares during the last quarter. Rockland Trust Co. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 0.8% in the fourth quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after acquiring an additional 260 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 13.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock valued at $93,000 after purchasing an additional 272 shares in the last quarter. Finally, Sax Wealth Advisors LLC increased its position in iShares MSCI Emerging Markets ETF by 3.1% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock worth $380,000 after purchasing an additional 276 shares in the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $44.78 on Tuesday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The firm has a market capitalization of $16.97 billion, a P/E ratio of 14.88 and a beta of 0.72. The company’s 50 day moving average price is $43.59 and its two-hundred day moving average price is $43.81.

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).