Parkside Financial Bank & Trust Cuts Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Parkside Financial Bank & Trust reduced its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,993 shares of the exchange traded fund’s stock after selling 3,962 shares during the quarter. Parkside Financial Bank & Trust’s holdings in iShares MSCI Emerging Markets ETF were worth $362,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. CWM LLC increased its stake in iShares MSCI Emerging Markets ETF by 12.5% in the 3rd quarter. CWM LLC now owns 26,186 shares of the exchange traded fund’s stock worth $994,000 after buying an additional 2,912 shares during the period. Private Trust Co. NA lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.2% during the 3rd quarter. Private Trust Co. NA now owns 29,840 shares of the exchange traded fund’s stock valued at $1,132,000 after acquiring an additional 644 shares in the last quarter. Dominguez Wealth Management Solutions Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 1.1% in the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 32,435 shares of the exchange traded fund’s stock valued at $1,231,000 after purchasing an additional 347 shares in the last quarter. Coastline Trust Co lifted its stake in shares of iShares MSCI Emerging Markets ETF by 14.9% during the third quarter. Coastline Trust Co now owns 12,722 shares of the exchange traded fund’s stock worth $483,000 after purchasing an additional 1,653 shares in the last quarter. Finally, Next Capital Management LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 6.2% in the third quarter. Next Capital Management LLC now owns 27,557 shares of the exchange traded fund’s stock worth $1,046,000 after buying an additional 1,600 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock traded up $0.03 during midday trading on Wednesday, hitting $40.50. 7,265,603 shares of the company were exchanged, compared to its average volume of 28,861,180. The company’s fifty day moving average price is $40.66 and its 200-day moving average price is $39.47. iShares MSCI Emerging Markets ETF has a fifty-two week low of $36.38 and a fifty-two week high of $42.00.

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).