iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) is First Commonwealth Financial Corp PA’s 9th Largest Position

First Commonwealth Financial Corp PA decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,238 shares of the exchange traded fund’s stock after selling 4,664 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for approximately 1.4% of First Commonwealth Financial Corp PA’s portfolio, making the stock its 9th largest position. First Commonwealth Financial Corp PA’s holdings in iShares MSCI Emerging Markets ETF were worth $5,698,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of Montreal Can boosted its stake in iShares MSCI Emerging Markets ETF by 91.1% in the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after buying an additional 3,382,010 shares in the last quarter. DRW Securities LLC boosted its stake in iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after buying an additional 2,344,192 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth approximately $74,532,000. Flagship Harbor Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $19,822,000. Finally, National Bank of Canada FI boosted its stake in iShares MSCI Emerging Markets ETF by 28.8% in the second quarter. National Bank of Canada FI now owns 1,447,359 shares of the exchange traded fund’s stock worth $61,785,000 after buying an additional 324,051 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 Up 0.7 %

EEM traded up $0.30 during midday trading on Wednesday, hitting $43.43. The stock had a trading volume of 1,381,780 shares, compared to its average volume of 28,120,016. The business has a fifty day moving average of $44.95 and a 200 day moving average of $43.54. iShares MSCI Emerging Markets ETF has a 1 year low of $37.48 and a 1 year high of $47.44.

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).