Conning Inc. Sells 8,520 Shares of iShares MSCI Emerging Markets ETF $EEM

Conning Inc. cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,260 shares of the exchange traded fund’s stock after selling 8,520 shares during the period. Conning Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,309,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after purchasing an additional 2,823,265 shares during the last quarter. National Bank of Canada FI raised its stake in iShares MSCI Emerging Markets ETF by 21,534.1% during the third quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after buying an additional 1,969,944 shares during the last quarter. Duquesne Family Office LLC acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at $101,460,000. MKP Capital Management L.L.C. acquired a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $90,983,000. Finally, Board of Trustees of The Leland Stanford Junior University boosted its position in iShares MSCI Emerging Markets ETF by 25.8% during the fourth 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 acquiring an additional 915,248 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.2%

Shares of iShares MSCI Emerging Markets ETF stock opened at $66.90 on Friday. The business has a 50-day moving average price of $67.27 and a two-hundred day moving average price of $61.84. iShares MSCI Emerging Markets ETF has a 1-year low of $47.98 and a 1-year high of $71.57. The company has a market cap of $29.62 billion, a P/E ratio of 14.46 and a beta of 0.72.

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.