iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stake Reduced by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,906 shares of the exchange traded fund’s stock after selling 2,360 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,753,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in EEM. Fairscale Capital LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $26,000. Teachers Insurance & Annuity Association of America acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $37,000. Covenant Partners LLC lifted its stake in iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 790 shares in the last quarter. Bristlecone Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $65,000. Finally, West Financial Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth approximately $65,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $42.30 on Tuesday. iShares MSCI Emerging Markets ETF has a 52-week low of $37.48 and a 52-week high of $47.44. The company’s 50 day simple moving average is $43.42 and its 200-day simple moving average is $43.60.

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).