Canandaigua National Trust Co of Florida Raises Stake in iShares MSCI Emerging Markets ETF $EEM

Canandaigua National Trust Co of Florida increased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 18.5% during the second quarter, according to its most recent filing with the SEC. The fund owned 12,519 shares of the exchange traded fund’s stock after buying an additional 1,950 shares during the quarter. Canandaigua National Trust Co of Florida’s holdings in iShares MSCI Emerging Markets ETF were worth $604,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Snowden Capital Advisors LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 3.3% during the fourth quarter. Snowden Capital Advisors LLC now owns 7,485 shares of the exchange traded fund’s stock valued at $313,000 after purchasing an additional 236 shares during the last quarter. Coastline Trust Co lifted its holdings in iShares MSCI Emerging Markets ETF by 2.7% during the first quarter. Coastline Trust Co now owns 9,382 shares of the exchange traded fund’s stock valued at $410,000 after purchasing an additional 245 shares during the last quarter. Taylor & Morgan Wealth Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 2.0% during the first quarter. Taylor & Morgan Wealth Management LLC now owns 13,362 shares of the exchange traded fund’s stock valued at $584,000 after purchasing an additional 260 shares during the last quarter. Haverford Trust Co lifted its holdings in iShares MSCI Emerging Markets ETF by 1.8% during the first quarter. Haverford Trust Co now owns 15,117 shares of the exchange traded fund’s stock valued at $661,000 after purchasing an additional 260 shares during the last quarter. Finally, FDx Advisors Inc. lifted its holdings in iShares MSCI Emerging Markets ETF by 5.1% during the first quarter. FDx Advisors Inc. now owns 5,457 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 266 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.1%

NYSEARCA EEM opened at $52.26 on Monday. The company has a market cap of $19.87 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $52.35. The firm’s 50-day simple moving average is $49.62 and its two-hundred day simple moving average is $46.51.

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).