iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) is Retirement Financial Solutions LLC’s 7th Largest Position

Retirement Financial Solutions LLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 262,593 shares of the exchange traded fund’s stock after selling 39,858 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 6.9% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 7th biggest holding. Retirement Financial Solutions LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,475,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1,724.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock valued at $310,586,000 after acquiring an additional 7,883,989 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in iShares MSCI Emerging Markets ETF by 4,632.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock valued at $136,863,000 after buying an additional 3,203,501 shares during the period. Lazard Asset Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 233.0% in the 4th quarter. Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock worth $114,532,000 after purchasing an additional 1,916,377 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $67,244,000. Finally, Allstate Corp acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $58,336,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 1.6%

Shares of iShares MSCI Emerging Markets ETF stock opened at $47.11 on Friday. The firm has a market capitalization of $17.74 billion, a PE ratio of 13.99 and a beta of 0.62. The firm’s 50-day moving average price is $44.66 and its 200 day moving average price is $43.70. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $47.97.

iShares MSCI Emerging Markets ETF Company 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).