Greenleaf Trust Sells 115,620 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Greenleaf Trust trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,281,136 shares of the exchange traded fund’s stock after selling 115,620 shares during the period. iShares MSCI Emerging Markets ETF accounts for approximately 1.0% of Greenleaf Trust’s investment portfolio, making the stock its 7th biggest position. Greenleaf Trust owned 0.52% of iShares MSCI Emerging Markets ETF worth $91,724,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Householder Group Estate & Retirement Specialist LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $28,000. Balentine LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $28,000. Anchor Investment Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth about $31,000. Pacific Center for Financial Services acquired a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth about $31,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $40,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM traded down $0.16 during trading hours on Friday, hitting $39.71. The stock had a trading volume of 29,409,958 shares, compared to its average volume of 29,286,264. The firm has a 50 day simple moving average of $40.62 and a 200-day simple moving average of $39.39. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $42.00.

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).