Horizon Bancorp Inc. IN Sells 12,015 Shares of iShares MSCI Emerging Markets ETF $EEM

Horizon Bancorp Inc. IN cut its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,397 shares of the exchange traded fund’s stock after selling 12,015 shares during the period. iShares MSCI Emerging Markets ETF accounts for about 3.6% of Horizon Bancorp Inc. IN’s investment portfolio, making the stock its 10th largest position. Horizon Bancorp Inc. IN’s holdings in iShares MSCI Emerging Markets ETF were worth $7,405,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $407,231,000. Hsbc Holdings PLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after purchasing an additional 2,823,265 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University raised its holdings in shares of iShares MSCI Emerging Markets ETF by 25.8% during the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after purchasing an additional 915,248 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after purchasing an additional 196,473 shares during the last quarter. Finally, Mariner LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 23.8% in the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after purchasing an additional 447,010 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 1.1%

Shares of NYSEARCA:EEM opened at $67.19 on Friday. The stock has a market capitalization of $29.75 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 1 year low of $47.90 and a 1 year high of $71.57. The firm has a fifty day moving average price of $66.54 and a 200 day moving average price of $60.95.

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). 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.