FineMark National Bank & Trust Has $16.21 Million Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

FineMark National Bank & Trust raised its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 387,603 shares of the exchange traded fund’s stock after buying an additional 1,788 shares during the period. FineMark National Bank & Trust owned 0.10% of iShares MSCI Emerging Markets ETF worth $16,210,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pillar Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $28,000. Teachers Insurance & Annuity Association of America acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter worth approximately $37,000. Compass Planning Associates Inc bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $36,000. Creative Capital Management Investments LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $38,000. Finally, Atmos Advisory LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $40,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.4 %

EEM opened at $44.78 on Tuesday. The stock’s fifty day simple moving average is $43.59 and its 200 day simple moving average is $43.81. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44. The stock has a market cap of $16.97 billion, a PE ratio of 14.88 and a beta of 0.72.

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).