Annandale Capital LLC reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 9.0% during the 4th quarter, HoldingsChannel reports. The fund owned 11,702 shares of the exchange traded fund’s stock after selling 1,160 shares during the period. Annandale Capital LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $489,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently modified their holdings of the business. Chevy Chase Trust Holdings LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $898,000. Integrated Wealth Concepts LLC grew its stake in iShares MSCI Emerging Markets ETF by 2.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 65,267 shares of the exchange traded fund’s stock valued at $2,993,000 after acquiring an additional 1,271 shares during the period. EP Wealth Advisors LLC increased its holdings in iShares MSCI Emerging Markets ETF by 82.9% in the 3rd quarter. EP Wealth Advisors LLC now owns 144,583 shares of the exchange traded fund’s stock worth $6,631,000 after acquiring an additional 65,526 shares in the last quarter. Glen Eagle Advisors LLC raised its position in iShares MSCI Emerging Markets ETF by 3.2% during the third quarter. Glen Eagle Advisors LLC now owns 34,434 shares of the exchange traded fund’s stock worth $1,579,000 after acquiring an additional 1,060 shares during the period. Finally, Castleark Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 180.9% during the third quarter. Castleark Management LLC now owns 354,240 shares of the exchange traded fund’s stock valued at $16,245,000 after purchasing an additional 228,140 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Stock Down 5.6 %
EEM stock opened at $40.58 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The firm has a 50-day simple moving average of $43.84 and a 200-day simple moving average of $43.86. The stock has a market capitalization of $15.43 billion, a P/E ratio of 14.53 and a beta of 0.63.
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).
Further Reading
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Archer Aviation’s Africa Deal Could Boost ACHR Stock
- How to Buy Cheap Stocks Step by Step
- Are Short Sellers Wrong About These 3 Semiconductor Stocks?
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?
Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.