iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Keel Point LLC

Keel Point LLC reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,410 shares of the exchange traded fund’s stock after selling 25,152 shares during the period. iShares MSCI Emerging Markets ETF makes up about 0.7% of Keel Point LLC’s investment portfolio, making the stock its 25th largest position. Keel Point LLC owned approximately 0.06% of iShares MSCI Emerging Markets ETF worth $8,548,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of EEM. Navigoe LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $30,000. The Manufacturers Life Insurance Company lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,516,562 shares of the exchange traded fund’s stock valued at $63,423,000 after acquiring an additional 17,888 shares in the last quarter. Optiver Holding B.V. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $179,000. Bellwether Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $80,000. Finally, Beacon Pointe Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 0.5% in the 4th quarter. Beacon Pointe Advisors LLC now owns 75,112 shares of the exchange traded fund’s stock valued at $3,141,000 after acquiring an additional 395 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $43.76 on Thursday. The company has a market cap of $16.48 billion, a PE ratio of 13.13 and a beta of 0.63. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $47.44. The firm has a 50 day simple moving average of $43.13 and a 200 day simple moving average of $43.35.

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).