iShares MSCI Emerging Markets ETF $EEM Shares Sold by BIP Wealth LLC

BIP Wealth LLC lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 289,397 shares of the exchange traded fund’s stock after selling 18,435 shares during the period. BIP Wealth LLC owned about 0.07% of iShares MSCI Emerging Markets ETF worth $16,435,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Hsbc Holdings PLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 74.9% in the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after buying an additional 2,823,265 shares during the period. Board of Trustees of The Leland Stanford Junior University raised its holdings in shares of iShares MSCI Emerging Markets ETF by 25.8% during 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 buying an additional 915,248 shares during the period. LPL Financial LLC lifted its position in iShares MSCI Emerging Markets ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after acquiring an additional 196,473 shares in the last quarter. Mariner LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 23.8% in the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after acquiring an additional 447,010 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 18.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after acquiring an additional 313,978 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $65.70 on Friday. The company has a market capitalization of $29.09 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. The company has a 50 day moving average of $66.92 and a two-hundred day moving average of $61.38. iShares MSCI Emerging Markets ETF has a 52-week low of $47.96 and a 52-week high of $71.57.

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.