Bridges Investment Management Inc. Sells 11,861 Shares of iShares MSCI Emerging Markets ETF $EEM

Bridges Investment Management Inc. decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,719 shares of the exchange traded fund’s stock after selling 11,861 shares during the period. Bridges Investment Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $5,729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of EEM. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $25,000. Elevated Capital Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $31,000. BTG Pactual Asset Management US LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares during the period. Woodside Wealth Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $33,000. Finally, Mondrian Investment Partners LTD bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $37,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $70.80 on Wednesday. The company has a market capitalization of $31.35 billion, a P/E ratio of 14.46 and a beta of 0.71. The company has a fifty day moving average of $62.65 and a 200 day moving average of $59.14. iShares MSCI Emerging Markets ETF has a fifty-two week low of $45.74 and a fifty-two week high of $70.86.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.