CIBC Asset Management Inc Sells 4,253 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

CIBC Asset Management Inc lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,779 shares of the exchange traded fund’s stock after selling 4,253 shares during the quarter. CIBC Asset Management Inc’s holdings in iShares MSCI Emerging Markets ETF were worth $5,400,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of EEM. Klingman & Associates LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 1.5% during the first quarter. Klingman & Associates LLC now owns 17,171 shares of the exchange traded fund’s stock valued at $705,000 after acquiring an additional 252 shares during the last quarter. Patriot Investment Management Group Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 1.6% during the second quarter. Patriot Investment Management Group Inc. now owns 16,036 shares of the exchange traded fund’s stock valued at $683,000 after acquiring an additional 259 shares during the last quarter. Joseph Group Capital Management increased its position in shares of iShares MSCI Emerging Markets ETF by 12.2% during the fourth quarter. Joseph Group Capital Management now owns 2,414 shares of the exchange traded fund’s stock valued at $97,000 after acquiring an additional 263 shares during the last quarter. Signaturefd LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 0.8% during the second quarter. Signaturefd LLC now owns 32,305 shares of the exchange traded fund’s stock valued at $1,376,000 after acquiring an additional 263 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 22.6% during the second quarter. GAMMA Investing LLC now owns 1,532 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 282 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $42.51 on Thursday. The stock has a 50 day moving average of $42.91 and a 200 day moving average of $42.02. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $44.64.

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).