Maven Securities LTD lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 83.7% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 18,287 shares of the exchange traded fund’s stock after selling 93,982 shares during the period. Maven Securities LTD’s holdings in iShares MSCI Emerging Markets ETF were worth $799,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Elequin Capital LP acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $28,000. Golden State Wealth Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 352 shares in the last quarter. Navigoe LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $30,000. Copia Wealth Management bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $33,000. Finally, Dunhill Financial LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 589.6% in the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 796 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Price Performance
EEM stock opened at $49.82 on Wednesday. The company has a 50 day moving average price of $48.61 and a 200 day moving average price of $45.68. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $50.59. The stock has a market capitalization of $18.94 billion, a PE ratio of 14.46 and a beta of 0.74.
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).
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