Coastline Trust Co Cuts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Coastline Trust Co lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,437 shares of the exchange traded fund’s stock after selling 750 shares during the quarter. Coastline Trust Co’s holdings in iShares MSCI Emerging Markets ETF were worth $359,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Savant Capital LLC increased its holdings in iShares MSCI Emerging Markets ETF by 1.4% during the 4th quarter. Savant Capital LLC now owns 87,185 shares of the exchange traded fund’s stock valued at $3,506,000 after acquiring an additional 1,246 shares in the last quarter. Mission Wealth Management LP increased its holdings in iShares MSCI Emerging Markets ETF by 1.5% during the 4th quarter. Mission Wealth Management LP now owns 21,478 shares of the exchange traded fund’s stock valued at $864,000 after acquiring an additional 320 shares in the last quarter. MMA Asset Management LLC increased its holdings in iShares MSCI Emerging Markets ETF by 8.3% during the 4th quarter. MMA Asset Management LLC now owns 84,410 shares of the exchange traded fund’s stock valued at $3,341,000 after acquiring an additional 6,472 shares in the last quarter. FineMark National Bank & Trust increased its holdings in iShares MSCI Emerging Markets ETF by 6.6% during the 4th quarter. FineMark National Bank & Trust now owns 353,459 shares of the exchange traded fund’s stock valued at $14,213,000 after acquiring an additional 21,790 shares in the last quarter. Finally, Harvest Investment Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF by 1.0% during the 4th quarter. Harvest Investment Advisors LLC now owns 114,144 shares of the exchange traded fund’s stock valued at $4,590,000 after acquiring an additional 1,145 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM traded up $0.26 during midday trading on Monday, reaching $42.32. 6,254,750 shares of the stock were exchanged, compared to its average volume of 28,254,930. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $44.64. The stock has a 50 day moving average price of $42.63 and a 200-day moving average price of $41.54.

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).