First Merchants Corp Reduces Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

First Merchants Corp reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,984 shares of the exchange traded fund’s stock after selling 258 shares during the period. First Merchants Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $1,714,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Rockland Trust Co. increased its stake in shares of iShares MSCI Emerging Markets ETF by 0.8% in the fourth quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after buying an additional 260 shares during the period. Sax Wealth Advisors LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 3.1% in the fourth quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after acquiring an additional 276 shares during the period. Glass Jacobson Investment Advisors llc raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.2% during the third quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock valued at $1,123,000 after acquiring an additional 279 shares during the last quarter. Griffin Asset Management Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 5.1% during the fourth quarter. Griffin Asset Management Inc. now owns 5,726 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 279 shares during the last quarter. Finally, One Wealth Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.6% during the third quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock worth $501,000 after purchasing an additional 280 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $44.07 on Friday. The stock’s 50-day moving average is $42.65 and its 200 day moving average is $43.47. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44.

iShares MSCI Emerging Markets ETF Company 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).