Pure Financial Advisors LLC Sells 2,807 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Pure Financial Advisors LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,686 shares of the exchange traded fund’s stock after selling 2,807 shares during the period. Pure Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,215,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 1,724.2% in the fourth quarter. JPMorgan Chase & Co. now owns 7,426,742 shares of the exchange traded fund’s stock worth $310,586,000 after acquiring an additional 7,883,989 shares during the period. TD Asset Management Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 4.9% in the fourth quarter. TD Asset Management Inc. now owns 4,423,372 shares of the exchange traded fund’s stock worth $184,985,000 after acquiring an additional 207,719 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of iShares MSCI Emerging Markets ETF by 4,632.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,272,659 shares of the exchange traded fund’s stock worth $136,863,000 after acquiring an additional 3,203,501 shares during the period. Lazard Asset Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 233.0% in the fourth quarter. Lazard Asset Management LLC now owns 2,738,713 shares of the exchange traded fund’s stock worth $114,532,000 after acquiring an additional 1,916,377 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 14.8% in the fourth quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock worth $101,682,000 after acquiring an additional 312,551 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $47.96 on Thursday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $48.01. The firm has a market capitalization of $18.24 billion, a P/E ratio of 14.46 and a beta of 0.62. The business has a fifty day moving average of $45.60 and a 200 day moving average of $43.89.

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).