iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stock Position Decreased by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,794 shares of the exchange traded fund’s stock after selling 1,840 shares during the period. Pinnacle Bancorp Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $484,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Anchor Investment Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. Cetera Trust Company N.A bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $32,000. Eagle Bay Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 430.9% in the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 655 shares in the last quarter. DiNuzzo Private Wealth Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $34,000. Finally, FNY Investment Advisers LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $40,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.3 %

EEM stock traded up $0.11 on Friday, hitting $42.62. 22,614,494 shares of the company’s stock traded hands, compared to its average volume of 28,535,646. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $43.87. The stock has a fifty day moving average of $42.33 and a 200-day moving average of $40.79.

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).