Connable Office Inc. Sells 93,825 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Connable Office Inc. reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,109,665 shares of the exchange traded fund’s stock after selling 93,825 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 5.4% of Connable Office Inc.’s holdings, making the stock its 4th biggest position. Connable Office Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $44,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Anchor Investment Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $31,000. Cetera Trust Company N.A bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $32,000. Eagle Bay Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 430.9% in the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 655 shares during the period. DiNuzzo Private Wealth Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $34,000. Finally, FNY Investment Advisers LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $40,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM traded up $0.12 during trading hours on Monday, reaching $43.02. The company’s stock had a trading volume of 20,986,300 shares, compared to its average volume of 28,484,711. The business has a 50-day simple moving average of $41.59 and a 200 day simple moving average of $40.29. iShares MSCI Emerging Markets ETF has a 52 week low of $36.38 and a 52 week high of $43.87.

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).

Further Reading

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

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