Cullen Capital Management LLC Has $10.24 Million Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Cullen Capital Management LLC lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 18.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 187,165 shares of the exchange traded fund’s stock after selling 42,353 shares during the period. Cullen Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $10,240,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $407,231,000. LPL Financial LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 6.1% in the fourth quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after acquiring an additional 196,473 shares during the period. Mariner LLC boosted its position in shares of 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 valued at $124,134,000 after acquiring an additional 447,010 shares during the period. Raymond James Financial Inc. boosted its position in shares of 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 valued at $98,019,000 after acquiring an additional 313,978 shares during the period. Finally, National Bank of Canada FI boosted its position in shares of iShares MSCI Emerging Markets ETF by 21,534.1% in 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 acquiring an additional 1,969,944 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

EEM opened at $67.88 on Friday. The business has a 50 day moving average of $64.64 and a 200-day moving average of $59.93. The stock has a market capitalization of $30.06 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 1-year low of $46.15 and a 1-year high of $70.86.

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.