Penobscot Investment Management Company Inc. Has $2.24 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Penobscot Investment Management Company Inc. lifted its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,619 shares of the exchange traded fund’s stock after buying an additional 2,722 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of EEM. Anchor Investment Management LLC bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $31,000. Cetera Trust Company N.A bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $32,000. FNY Investment Advisers LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $40,000. Wetzel Investment Advisors Inc. bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $48,000. Finally, GAMMA Investing LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $48,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 1.2 %

iShares MSCI Emerging Markets ETF stock traded down $0.48 on Tuesday, hitting $41.09. The company’s stock had a trading volume of 14,635,616 shares, compared to its average volume of 28,708,627. The company has a fifty day moving average price of $40.74 and a 200-day moving average price of $39.55. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year high of $42.00.

iShares MSCI Emerging Markets ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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