Toronto Dominion Bank Lowers Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Toronto Dominion Bank reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 79.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,418 shares of the exchange traded fund’s stock after selling 296,915 shares during the period. Toronto Dominion Bank’s holdings in iShares MSCI Emerging Markets ETF were worth $3,180,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Woodmont Investment Counsel LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $27,000. Cetera Trust Company N.A purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $32,000. Eagle Bay Advisors LLC grew its position in iShares MSCI Emerging Markets ETF by 430.9% during the fourth 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. purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $34,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $48,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $42.36 on Friday. The business has a fifty day simple moving average of $42.86 and a two-hundred day simple moving average of $41.30. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $44.64.

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).