Stephens Inc. AR Lowers Stake in iShares MSCI Emerging Markets ETF $EEM

Stephens Inc. AR cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 88.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,225 shares of the exchange traded fund’s stock after selling 82,668 shares during the quarter. Stephens Inc. AR’s holdings in iShares MSCI Emerging Markets ETF were worth $637,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Founders Financial Securities LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock worth $3,148,000 after buying an additional 163 shares during the last quarter. Hazlett Burt & Watson Inc. raised its stake in iShares MSCI Emerging Markets ETF by 5.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after acquiring an additional 169 shares during the last quarter. Cim LLC lifted its position in iShares MSCI Emerging Markets ETF by 3.0% during the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock worth $346,000 after acquiring an additional 182 shares during the period. Nicolet Advisory Services LLC lifted its position in iShares MSCI Emerging Markets ETF by 2.9% during the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after acquiring an additional 184 shares during the period. Finally, Vivaldi Capital Management LP grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock valued at $609,000 after purchasing an additional 186 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock traded up $0.12 during midday trading on Friday, hitting $66.90. The company had a trading volume of 18,686,703 shares, compared to its average volume of 37,151,805. The stock has a market cap of $29.62 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. The company’s 50 day simple moving average is $67.27 and its 200 day simple moving average is $61.84. iShares MSCI Emerging Markets ETF has a 52-week low of $47.98 and a 52-week high of $71.57.

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.