iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stock Position Cut by Burke & Herbert Bank & Trust Co.

Burke & Herbert Bank & Trust Co. trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,510 shares of the exchange traded fund’s stock after selling 1,876 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,004,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in EEM. Fairscale Capital LLC bought a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at about $26,000. Woodmont Investment Counsel LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $27,000. Innealta Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $32,000. Jamison Private Wealth Management Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 836.5% in the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 870 shares during the period. Finally, Clean Yield Group acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $43,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM traded up $0.21 during trading hours on Friday, hitting $45.37. 1,418,477 shares of the company traded hands, compared to its average volume of 28,437,396. iShares MSCI Emerging Markets ETF has a twelve month low of $36.40 and a twelve month high of $47.44. The firm has a 50-day moving average of $44.38 and a 200 day moving average of $43.02.

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).