iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Mariner LLC

Mariner LLC lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 17.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,547,456 shares of the exchange traded fund’s stock after selling 338,322 shares during the quarter. Mariner LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $64,715,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in EEM. Orion Portfolio Solutions LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 21.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 18,713 shares of the exchange traded fund’s stock valued at $858,000 after purchasing an additional 3,357 shares in the last quarter. Sanctuary Advisors LLC raised its stake in iShares MSCI Emerging Markets ETF by 17.5% in the third quarter. Sanctuary Advisors LLC now owns 88,182 shares of the exchange traded fund’s stock valued at $3,817,000 after buying an additional 13,145 shares in the last quarter. World Investment Advisors LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 1.8% during the 3rd quarter. World Investment Advisors LLC now owns 20,225 shares of the exchange traded fund’s stock worth $928,000 after buying an additional 355 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in shares of iShares MSCI Emerging Markets ETF by 21.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 83,713 shares of the exchange traded fund’s stock valued at $3,839,000 after acquiring an additional 14,824 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in shares of iShares MSCI Emerging Markets ETF by 7.2% during the 3rd quarter. Franklin Resources Inc. now owns 505,900 shares of the exchange traded fund’s stock worth $23,357,000 after acquiring an additional 33,792 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 Up 0.9 %

EEM stock opened at $42.13 on Tuesday. The stock has a market cap of $16.02 billion, a price-to-earnings ratio of 14.53 and a beta of 0.63. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $47.44. The business has a 50 day moving average price of $43.47 and a 200 day moving average price of $43.62.

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).