Tobias Financial Advisors Inc. Cuts Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Tobias Financial Advisors Inc. lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 76,128 shares of the exchange traded fund’s stock after selling 258 shares during the period. Tobias Financial Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,184,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. World Investment Advisors LLC grew its holdings in iShares MSCI Emerging Markets ETF by 1.8% during the third quarter. World Investment Advisors LLC now owns 20,225 shares of the exchange traded fund’s stock worth $928,000 after acquiring an additional 355 shares during the period. Wilmington Savings Fund Society FSB boosted its position in shares of iShares MSCI Emerging Markets ETF by 21.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 83,713 shares of the exchange traded fund’s stock worth $3,839,000 after purchasing an additional 14,824 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 7.2% during the 3rd quarter. Franklin Resources Inc. now owns 505,900 shares of the exchange traded fund’s stock worth $23,357,000 after purchasing an additional 33,792 shares during the period. Inspire Trust Co. N.A. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 12.1% in the 3rd quarter. Inspire Trust Co. N.A. now owns 250,334 shares of the exchange traded fund’s stock valued at $11,480,000 after purchasing an additional 27,000 shares in the last quarter. Finally, Capasso Planning Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $235,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.2 %

EEM stock opened at $41.60 on Thursday. The company’s 50-day moving average price is $43.41 and its 200 day moving average price is $43.60. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $47.44. The company has a market cap of $15.82 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).