Fairway Wealth LLC Sells 302,313 Shares of iShares MSCI Emerging Markets ETF $EEM

Fairway Wealth LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 99.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,526 shares of the exchange traded fund’s stock after selling 302,313 shares during the period. Fairway Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $143,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its stake in shares of iShares MSCI Emerging Markets ETF by 25.8% in the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after purchasing an additional 915,248 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after purchasing an additional 196,473 shares during the last quarter. Mariner LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 23.8% in the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after purchasing an additional 447,010 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 18.3% in the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after purchasing an additional 313,978 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $67.43 on Tuesday. The company has a market capitalization of $29.86 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a one year low of $47.90 and a one year high of $71.57. The company’s fifty day moving average price is $66.64 and its two-hundred day moving average price is $61.09.

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.