Integrated Advisors Network LLC Cuts Stock Position in iShares MSCI Emerging Markets ETF $EEM

Integrated Advisors Network LLC lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 79.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,014 shares of the exchange traded fund’s stock after selling 50,453 shares during the quarter. Integrated Advisors Network LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $739,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $25,000. Merkkuri Wealth Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the first quarter worth about $27,000. BTG Pactual Asset Management US LLC boosted its stake in iShares MSCI Emerging Markets ETF by 101.3% in the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares during the period. Finally, Elevated Capital Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $31,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.8%

Shares of NYSEARCA EEM opened at $66.78 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $47.98 and a 12-month high of $71.57. The company has a market cap of $29.57 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. The stock’s 50 day simple moving average is $67.19 and its 200 day simple moving average is $61.81.

iShares MSCI Emerging Markets ETF 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.