JSF Financial LLC Cuts Holdings in iShares MSCI Emerging Markets ETF $EEM

JSF Financial LLC trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 49,008 shares of the exchange traded fund’s stock after selling 6,410 shares during the period. iShares MSCI Emerging Markets ETF comprises 0.6% of JSF Financial LLC’s investment portfolio, making the stock its 27th biggest position. JSF Financial LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,364,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of EEM. Tompkins Financial Corp bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $26,000. Maseco LLP purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $27,000. Golden State Wealth Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 352 shares during the period. Dunhill Financial LLC grew its stake in iShares MSCI Emerging Markets ETF by 589.6% in the 1st 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 during the period. Finally, Smallwood Wealth Investment Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $41,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $54.23 on Friday. The company’s 50-day moving average is $50.93 and its 200 day moving average is $47.45. The company has a market capitalization of $20.62 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $54.39.

About iShares MSCI Emerging Markets ETF

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).