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

Commerce Bank trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 212,111 shares of the exchange traded fund’s stock after selling 3,360 shares during the period. Commerce Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $9,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fairscale Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at about $26,000. Innealta Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $32,000. Covenant Partners LLC increased its holdings in iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares during the period. Jamison Private Wealth Management Inc. raised its position in iShares MSCI Emerging Markets ETF by 836.5% during the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 870 shares during the last quarter. Finally, Clean Yield Group acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $43,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.2 %

NYSEARCA:EEM opened at $43.27 on Friday. The firm’s fifty day moving average is $44.93 and its two-hundred day moving average is $43.51. iShares MSCI Emerging Markets ETF has a one year low of $37.48 and a one year 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).