Pictet North America Advisors SA Trims Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Pictet North America Advisors SA decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 380,273 shares of the exchange traded fund’s stock after selling 9,427 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 1.7% of Pictet North America Advisors SA’s holdings, making the stock its 16th biggest position. Pictet North America Advisors SA’s holdings in iShares MSCI Emerging Markets ETF were worth $17,439,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Sei Investments Co. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 166.1% during the first quarter. Sei Investments Co. now owns 194,338 shares of the exchange traded fund’s stock valued at $7,983,000 after buying an additional 121,314 shares during the period. Concurrent Investment Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the first quarter worth approximately $284,000. Diversified Trust Co increased its position in iShares MSCI Emerging Markets ETF by 25.6% during the second quarter. Diversified Trust Co now owns 10,972 shares of the exchange traded fund’s stock worth $467,000 after purchasing an additional 2,235 shares during the last quarter. Horizon Bancorp Inc. IN increased its position in iShares MSCI Emerging Markets ETF by 28.9% during the first quarter. Horizon Bancorp Inc. IN now owns 96,906 shares of the exchange traded fund’s stock worth $3,981,000 after purchasing an additional 21,743 shares during the last quarter. Finally, Diversify Advisory Services LLC acquired a new position in iShares MSCI Emerging Markets ETF during the first quarter worth approximately $12,871,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.2 %

Shares of EEM stock opened at $45.51 on Wednesday. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $47.44. The company has a 50 day moving average price of $44.33 and a 200 day moving average price of $43.01.

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).