Hills Bank & Trust Co Sells 1,180 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Hills Bank & Trust Co lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.1% during the third quarter, Holdings Channel reports. The firm owned 9,488 shares of the exchange traded fund’s stock after selling 1,180 shares during the period. Hills Bank & Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $435,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of EEM. Jane Street Group LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 15.2% in the 1st quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock worth $1,017,805,000 after buying an additional 3,270,493 shares during the last quarter. OLD Mission Capital LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $880,516,000. Bank of Montreal Can increased its position in shares of iShares MSCI Emerging Markets ETF by 91.1% during the 2nd quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after purchasing an additional 3,382,010 shares during the last quarter. LPL Financial LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 1.8% during the 2nd quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock valued at $84,972,000 after purchasing an additional 35,297 shares during the last quarter. Finally, Nisa Investment Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $74,532,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $44.53 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $37.47 and a fifty-two week high of $47.44. The firm has a 50-day moving average of $44.59 and a 200 day moving average of $43.19.

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).