Prudential PLC Trims Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Prudential PLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 304,650 shares of the exchange traded fund’s stock after selling 9,100 shares during the period. Prudential PLC owned approximately 0.08% of iShares MSCI Emerging Markets ETF worth $12,740,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. GM Advisory Group LLC raised its position in iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock valued at $1,107,000 after acquiring an additional 448 shares in the last quarter. QRG Capital Management Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $205,000. Jones Financial Companies Lllp lifted its stake in shares of iShares MSCI Emerging Markets ETF by 70.3% in the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 5,063 shares during the period. Carret Asset Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 4.2% during the fourth quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock worth $881,000 after buying an additional 857 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in iShares MSCI Emerging Markets ETF by 25.0% during the fourth quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock valued at $19,765,000 after buying an additional 94,633 shares during the period. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $40.58 on Friday. The firm has a 50-day simple moving average of $43.84 and a two-hundred day simple moving average of $43.86. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The company has a market cap of $15.43 billion, a P/E ratio of 14.53 and a beta of 0.63.

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).