Foster & Motley Inc. Lowers Holdings in iShares MSCI Emerging Markets ETF $EEM

Foster & Motley Inc. trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 60.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,572 shares of the exchange traded fund’s stock after selling 25,178 shares during the period. Foster & Motley Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $907,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Sollinda Capital Management LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 276.3% in the fourth quarter. Sollinda Capital Management LLC now owns 28,981 shares of the exchange traded fund’s stock valued at $1,586,000 after acquiring an additional 21,280 shares during the period. Jaffetilchin Investment Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $339,000. Boston Common Asset Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $2,380,000. Savior LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $323,000. Finally, Corepath Wealth Partners LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3.1% in the 4th quarter. Corepath Wealth Partners LLC now owns 120,084 shares of the exchange traded fund’s stock valued at $6,958,000 after purchasing an additional 3,596 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $57.23 on Thursday. The company’s fifty day moving average price is $59.20 and its 200 day moving average price is $56.26. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $65.96. The company has a market capitalization of $26.09 billion, a PE ratio of 14.46 and a beta of 0.64.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.