iShares MSCI Emerging Markets ETF $EEM Stake Decreased by Ascension Capital Advisors Inc.

Ascension Capital Advisors Inc. lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 89.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,155 shares of the exchange traded fund’s stock after selling 142,936 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for 0.3% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 28th biggest position. Ascension Capital Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $884,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in EEM. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $407,231,000. National Bank of Canada FI raised its holdings in shares of 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 valued at $105,689,000 after buying an additional 1,969,944 shares during the last quarter. Duquesne Family Office LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $101,460,000. SPX Gestao de Recursos Ltda raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1,133.3% during the third quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock valued at $79,032,000 after buying an additional 1,360,000 shares during the last quarter. Finally, Greenfield FTC Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $43,076,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.0%

EEM opened at $68.60 on Friday. The business’s 50 day moving average is $62.40 and its 200-day moving average is $59.01. The stock has a market cap of $30.38 billion, a PE ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a twelve month low of $45.23 and a twelve month high of $69.11.

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.