Trustmark Bank Trust Department Trims Stake in iShares MSCI Emerging Markets ETF $EEM

Trustmark Bank Trust Department cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 1.0% in the second quarter, HoldingsChannel reports. The fund owned 149,217 shares of the exchange traded fund’s stock after selling 1,455 shares during the period. Trustmark Bank Trust Department’s holdings in iShares MSCI Emerging Markets ETF were worth $7,198,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of EEM. Barings LLC acquired a new position in iShares MSCI Emerging Markets ETF during the first quarter worth about $24,806,000. Pandora Wealth Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 15.4% in the 2nd quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 1,290 shares in the last quarter. Endowment Wealth Management Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 24.7% in the 2nd quarter. Endowment Wealth Management Inc. now owns 37,084 shares of the exchange traded fund’s stock worth $1,789,000 after purchasing an additional 7,352 shares in the last quarter. Allianz SE boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.9% during the 2nd quarter. Allianz SE now owns 374,750 shares of the exchange traded fund’s stock worth $18,078,000 after purchasing an additional 10,656 shares during the last quarter. Finally, AE Wealth Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 22,280.1% in the second quarter. AE Wealth Management LLC now owns 70,721 shares of the exchange traded fund’s stock valued at $3,412,000 after purchasing an additional 70,405 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $54.32 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $56.31. The stock has a market cap of $20.66 billion, a PE ratio of 14.46 and a beta of 0.64. The stock has a 50 day moving average price of $54.26 and a 200 day moving average price of $50.65.

iShares MSCI Emerging Markets ETF Company 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).

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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).