Syntax Research Inc. Sells 12,494 Shares of iShares MSCI Emerging Markets ETF $EEM

Syntax Research Inc. lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 54.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,271 shares of the exchange traded fund’s stock after selling 12,494 shares during the quarter. Syntax Research Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $495,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in EEM. Brighton Jones LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after purchasing an additional 1,940 shares during the period. Wellington Management Group LLP purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth $2,106,000. GAMMA Investing LLC grew its position in iShares MSCI Emerging Markets ETF by 4,270.0% in the first quarter. GAMMA Investing LLC now owns 66,948 shares of the exchange traded fund’s stock worth $2,926,000 after acquiring an additional 65,416 shares in the last quarter. NBC Securities Inc. grew its position in iShares MSCI Emerging Markets ETF by 100,590.0% in the first quarter. NBC Securities Inc. now owns 10,069 shares of the exchange traded fund’s stock worth $440,000 after acquiring an additional 10,059 shares in the last quarter. Finally, Merit Financial Group LLC grew its position in iShares MSCI Emerging Markets ETF by 31.0% in the first quarter. Merit Financial Group LLC now owns 35,632 shares of the exchange traded fund’s stock worth $1,557,000 after acquiring an additional 8,430 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $54.07 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $54.35. The firm has a fifty day moving average of $50.84 and a 200 day moving average of $47.37. The firm has a market capitalization of $20.56 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).