SG Americas Securities LLC Has $16.20 Million Position in iShares MSCI Emerging Markets ETF $EEM

SG Americas Securities LLC cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 26.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 285,279 shares of the exchange traded fund’s stock after selling 104,404 shares during the quarter. SG Americas Securities LLC owned 0.06% of iShares MSCI Emerging Markets ETF worth $16,201,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Founders Financial Securities LLC grew its holdings in iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after purchasing an additional 163 shares during the period. Hazlett Burt & Watson Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 169 shares during the period. Cim LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3.0% in the fourth quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 182 shares during the period. Nicolet Advisory Services LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 2.9% during the fourth quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 184 shares in the last quarter. Finally, Vivaldi Capital Management LP boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock worth $609,000 after purchasing an additional 186 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 Up 1.1%

Shares of EEM stock opened at $67.96 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $47.90 and a 12-month high of $71.57. The firm has a market capitalization of $30.09 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The firm has a fifty day moving average of $66.44 and a 200-day moving average of $60.91.

About iShares MSCI Emerging Markets ETF

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.