Tobias Financial Advisors Inc. Decreases Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Tobias Financial Advisors Inc. reduced its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,128 shares of the exchange traded fund’s stock after selling 258 shares during the quarter. Tobias Financial Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,184,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Pillar Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $28,000. Compass Planning Associates Inc acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $36,000. Creative Capital Management Investments LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $38,000. Atmos Advisory LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $40,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $41,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.2 %

Shares of EEM stock opened at $41.60 on Thursday. The company has a market capitalization of $15.82 billion, a price-to-earnings ratio of 14.53 and a beta of 0.63. The firm has a 50-day moving average price of $43.41 and a 200 day moving average price of $43.60. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $47.44.

iShares MSCI Emerging Markets ETF 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).