iShares MSCI Emerging Markets ETF $EEM Shares Sold by Bridges Investment Management Inc.

Bridges Investment Management Inc. trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,719 shares of the exchange traded fund’s stock after selling 11,861 shares during the period. Bridges Investment Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $5,729,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $407,231,000. Mariner LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 23.8% during the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after purchasing an additional 447,010 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 18.3% during the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after purchasing an additional 313,978 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of iShares MSCI Emerging Markets ETF by 21,534.1% during the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after purchasing an additional 1,969,944 shares during the last quarter. Finally, Duquesne Family Office LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $101,460,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $70.80 on Wednesday. The firm has a fifty day moving average price of $62.65 and a 200 day moving average price of $59.14. iShares MSCI Emerging Markets ETF has a 1 year low of $45.74 and a 1 year high of $70.86. The stock has a market cap of $31.35 billion, a PE ratio of 14.46 and a beta of 0.71.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.