Bank of Montreal Can Sells 302,861 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bank of Montreal Can cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.3% during the third quarter, Holdings Channel.com reports. The fund owned 6,789,990 shares of the exchange traded fund’s stock after selling 302,861 shares during the period. Bank of Montreal Can’s holdings in iShares MSCI Emerging Markets ETF were worth $316,481,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in EEM. Clarus Wealth Advisors increased its position in shares of iShares MSCI Emerging Markets ETF by 0.7% in the 3rd quarter. Clarus Wealth Advisors now owns 33,534 shares of the exchange traded fund’s stock valued at $1,588,000 after buying an additional 232 shares in the last quarter. Carret Asset Management LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.3% during the second quarter. Carret Asset Management LLC now owns 19,525 shares of the exchange traded fund’s stock worth $832,000 after purchasing an additional 258 shares during the period. Patriot Investment Management Group Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.6% during the 2nd quarter. Patriot Investment Management Group Inc. now owns 16,036 shares of the exchange traded fund’s stock valued at $683,000 after purchasing an additional 259 shares in the last quarter. Signaturefd LLC increased its stake in iShares MSCI Emerging Markets ETF by 0.8% during the 2nd quarter. Signaturefd LLC now owns 32,305 shares of the exchange traded fund’s stock worth $1,376,000 after purchasing an additional 263 shares in the last quarter. Finally, One Wealth Advisors LLC increased its stake in iShares MSCI Emerging Markets ETF by 2.6% during the 3rd 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 in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.0 %

Shares of iShares MSCI Emerging Markets ETF stock traded up $0.01 on Monday, hitting $43.29. The company had a trading volume of 3,642,512 shares, compared to its average volume of 28,213,549. iShares MSCI Emerging Markets ETF has a twelve month low of $37.48 and a twelve month high of $47.44. The stock has a 50-day moving average of $44.94 and a 200-day moving average of $43.53.

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).