Grimes & Company Inc. Reduces Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Grimes & Company Inc. cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,175 shares of the exchange traded fund’s stock after selling 5,559 shares during the quarter. Grimes & Company Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Anchor Investment Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $31,000. Cetera Trust Company N.A acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $32,000. Eagle Bay Advisors LLC grew its position 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 worth $32,000 after acquiring an additional 655 shares in the last quarter. DiNuzzo Private Wealth Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $34,000. Finally, FNY Investment Advisers LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $40,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.2 %

Shares of EEM opened at $42.59 on Friday. The stock has a 50 day moving average of $42.33 and a 200-day moving average of $40.80. 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

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).