International Assets Investment Management LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 13.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,619 shares of the exchange traded fund’s stock after selling 868 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also added to or reduced their stakes in the business. Pillar Financial Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $28,000. Elequin Capital LP acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $28,000. Navigoe LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $30,000. Copia Wealth Management acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $33,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $41,000. Institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Trading Down 0.4%
Shares of EEM stock opened at $48.09 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $48.36. The stock has a market cap of $18.29 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The stock has a 50-day moving average of $45.85 and a 200-day moving average of $43.95.
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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