M&T Bank Corp Decreases Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

by · The Markets Daily

M&T Bank Corp trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 2.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 889,275 shares of the exchange traded fund’s stock after selling 20,360 shares during the quarter. M&T Bank Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $40,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of EEM. &PARTNERS grew its stake in shares of iShares MSCI Emerging Markets ETF by 24.9% during the 2nd quarter. &PARTNERS now owns 23,264 shares of the exchange traded fund’s stock valued at $991,000 after purchasing an additional 4,639 shares during the period. Aries Wealth Management grew its position in iShares MSCI Emerging Markets ETF by 5.9% during the second quarter. Aries Wealth Management now owns 85,763 shares of the exchange traded fund’s stock valued at $3,653,000 after buying an additional 4,767 shares during the period. Clear Creek Financial Management LLC grew its position in iShares MSCI Emerging Markets ETF by 21.6% during the second quarter. Clear Creek Financial Management LLC now owns 183,259 shares of the exchange traded fund’s stock valued at $7,805,000 after buying an additional 32,542 shares during the period. Calamos Wealth Management LLC raised its position in iShares MSCI Emerging Markets ETF by 7.4% in the second quarter. Calamos Wealth Management LLC now owns 87,581 shares of the exchange traded fund’s stock worth $3,730,000 after acquiring an additional 5,997 shares during the period. Finally, AMG National Trust Bank boosted its stake in shares of iShares MSCI Emerging Markets ETF by 10.4% during the 2nd quarter. AMG National Trust Bank now owns 127,770 shares of the exchange traded fund’s stock worth $5,442,000 after acquiring an additional 12,020 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $42.27 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $37.48 and a 1 year high of $47.44. The firm has a fifty day moving average price of $44.13 and a 200-day moving average price of $43.60.

iShares MSCI Emerging Markets ETF Profile

(Free Report)

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).

Read More

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).