IMC Chicago LLC Reduces Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

IMC Chicago LLC lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 69.7% during the third quarter, HoldingsChannel.com reports. The fund owned 91,040 shares of the exchange traded fund’s stock after selling 209,700 shares during the quarter. IMC Chicago LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,175,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 15.2% in the first 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 purchased a new position in shares of iShares MSCI Emerging Markets ETF in the first quarter worth approximately $880,516,000. Bank of Montreal Can boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 91.1% in the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after buying an additional 3,382,010 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.8% in the second quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock worth $84,972,000 after buying an additional 35,297 shares during the last quarter. Finally, Nisa Investment Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth approximately $74,532,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $44.45 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $36.41 and a 12-month high of $47.44. The company’s 50 day moving average is $44.57 and its 200 day moving average is $43.16.

About iShares MSCI Emerging Markets ETF

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).