iShares MSCI Emerging Markets ETF $EEM Stock Holdings Trimmed by Halbert Hargrove Global Advisors LLC

Halbert Hargrove Global Advisors LLC decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,087,714 shares of the exchange traded fund’s stock after selling 23,632 shares during the quarter. iShares MSCI Emerging Markets ETF makes up 3.0% of Halbert Hargrove Global Advisors LLC’s portfolio, making the stock its 10th biggest position. Halbert Hargrove Global Advisors LLC owned approximately 0.25% of iShares MSCI Emerging Markets ETF worth $61,771,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $25,000. Jessup Wealth Management Inc purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $31,000. Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $31,000. Finally, MidFirst Bank bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $31,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $71.21 on Tuesday. The firm has a market capitalization of $31.53 billion, a P/E ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $71.57. The company’s 50-day simple moving average is $66.07 and its 200 day simple moving average is $60.63.

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.