Pine Valley Investments Ltd Liability Co Lowers Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Pine Valley Investments Ltd Liability Co decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 58.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,510 shares of the exchange traded fund’s stock after selling 54,050 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in iShares MSCI Emerging Markets ETF were worth $1,766,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Montreal Can grew its position in iShares MSCI Emerging Markets ETF by 91.1% during the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after acquiring an additional 3,382,010 shares during the last quarter. DRW Securities LLC boosted its position in iShares MSCI Emerging Markets ETF by 603.8% during the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after buying an additional 2,344,192 shares during the period. LPL Financial LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 6.2% during the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after buying an additional 123,741 shares during the last quarter. Nisa Investment Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth about $74,532,000. Finally, The Manufacturers Life Insurance Company grew its position in iShares MSCI Emerging Markets ETF by 0.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock worth $63,829,000 after acquiring an additional 6,995 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $43.99 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $37.48 and a 52-week high of $47.44. The company’s 50 day moving average price is $44.62 and its 200-day moving average price is $43.58.

iShares MSCI Emerging Markets ETF 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).