Summit Trail Advisors LLC Decreases Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Summit Trail Advisors LLC trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 150,550 shares of the exchange traded fund’s stock after selling 5,790 shares during the quarter. Summit Trail Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,904,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of EEM. O Shaughnessy Asset Management LLC increased its position in iShares MSCI Emerging Markets ETF by 347.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,785 shares of the exchange traded fund’s stock worth $73,000 after buying an additional 1,386 shares during the last quarter. 1832 Asset Management L.P. increased its holdings in iShares MSCI Emerging Markets ETF by 1,118.5% in the 1st quarter. 1832 Asset Management L.P. now owns 4,935 shares of the exchange traded fund’s stock worth $203,000 after acquiring an additional 4,530 shares during the last quarter. LRI Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $89,000. Price T Rowe Associates Inc. MD lifted its holdings in iShares MSCI Emerging Markets ETF by 107.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 104,802 shares of the exchange traded fund’s stock valued at $4,306,000 after purchasing an additional 54,367 shares during the last quarter. Finally, SVB Wealth LLC boosted its position in iShares MSCI Emerging Markets ETF by 0.6% during the first quarter. SVB Wealth LLC now owns 152,691 shares of the exchange traded fund’s stock worth $6,273,000 after purchasing an additional 884 shares during the period. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $43.28 on Friday. The company’s 50 day moving average is $44.94 and its 200-day moving average is $43.52. iShares MSCI Emerging Markets ETF has a 12-month low of $37.48 and a 12-month high of $47.44.

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).