Perigon Wealth Management LLC Trims Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Perigon Wealth Management LLC reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 96,314 shares of the exchange traded fund’s stock after selling 1,273 shares during the quarter. Perigon Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,022,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Covenant Partners LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares in the last quarter. Teachers Insurance & Annuity Association of America acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter worth approximately $37,000. Atmos Advisory LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $40,000. West Financial Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $65,000. Finally, Bristlecone Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $65,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.7 %

EEM stock opened at $42.48 on Wednesday. The company has a fifty day moving average price of $42.71 and a 200 day moving average price of $43.48. iShares MSCI Emerging Markets ETF has a 12 month low of $38.26 and a 12 month high of $47.44.

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).