CIBC World Markets Inc. Sells 633,348 Shares of iShares MSCI Emerging Markets ETF (EEM)

CIBC World Markets Inc. trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 58.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 443,610 shares of the exchange traded fund’s stock after selling 633,348 shares during the quarter. CIBC World Markets Inc. owned 0.06% of iShares MSCI Emerging Markets ETF worth $19,040,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Cornerstone Advisors Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth approximately $2,542,000. James Investment Research Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth approximately $1,509,000. Cornerstone Wealth Management LLC lifted its position in iShares MSCI Emerging Markets ETF by 4,961.8% in the second quarter. Cornerstone Wealth Management LLC now owns 215,732 shares of the exchange traded fund’s stock worth $5,029,000 after purchasing an additional 211,470 shares during the period. Bessemer Group Inc. lifted its position in iShares MSCI Emerging Markets ETF by 98.1% in the second quarter. Bessemer Group Inc. now owns 1,983,674 shares of the exchange traded fund’s stock worth $85,952,000 after purchasing an additional 982,245 shares during the period. Finally, Thomas White International Ltd. lifted its position in iShares MSCI Emerging Markets ETF by 3,579.8% in the second quarter. Thomas White International Ltd. now owns 16,191 shares of the exchange traded fund’s stock worth $702,000 after purchasing an additional 15,751 shares during the period.

EEM opened at $40.21 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $37.58 and a 1-year high of $52.08.

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iShares MSCI Emerging Markets ETF Company 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).

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Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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