Independence Bank of Kentucky Buys 1,781 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Independence Bank of Kentucky lifted its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report) by 2.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 68,765 shares of the exchange traded fund’s stock after acquiring an additional 1,781 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 1.0% of Independence Bank of Kentucky’s investment portfolio, making the stock its 21st biggest position. Independence Bank of Kentucky’s holdings in iShares MSCI Emerging Markets ETF were worth $2,765,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. White Pine Capital LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 4.3% in the fourth quarter. White Pine Capital LLC now owns 6,045 shares of the exchange traded fund’s stock valued at $229,000 after buying an additional 250 shares during the period. Omega Financial Group LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 4.7% in the third quarter. Omega Financial Group LLC now owns 5,962 shares of the exchange traded fund’s stock valued at $226,000 after buying an additional 269 shares during the period. Brand Asset Management Group Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Brand Asset Management Group Inc. now owns 19,750 shares of the exchange traded fund’s stock valued at $794,000 after buying an additional 287 shares during the period. Procyon Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Procyon Advisors LLC now owns 19,832 shares of the exchange traded fund’s stock valued at $797,000 after buying an additional 296 shares during the period. Finally, Resolute Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the third quarter. Resolute Advisors LLC now owns 18,988 shares of the exchange traded fund’s stock valued at $721,000 after buying an additional 316 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $41.31 on Thursday. The stock’s fifty day moving average price is $40.17 and its two-hundred day moving average price is $39.19. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $42.00.

iShares MSCI Emerging Markets ETF Company Profile

(Free Report)

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).

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Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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