Revolve Wealth Partners LLC Sells 1,544 Shares of iShares MSCI Emerging Markets ETF $EEM

Revolve Wealth Partners LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,856 shares of the exchange traded fund’s stock after selling 1,544 shares during the period. Revolve Wealth Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $572,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of EEM. Goldman Sachs Group Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 1,097.3% in the first quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock valued at $1,303,523,000 after acquiring an additional 32,819,730 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares MSCI Emerging Markets ETF by 45.2% in the 1st quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock worth $471,374,000 after purchasing an additional 3,359,853 shares during the last quarter. USA Financial Formulas bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $67,857,000. Banco Bilbao Vizcaya Argentaria S.A. raised its position in iShares MSCI Emerging Markets ETF by 1,731.4% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,485,008 shares of the exchange traded fund’s stock worth $64,541,000 after purchasing an additional 1,403,923 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $48,800,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $53.45 on Tuesday. The company has a 50 day moving average price of $51.53 and a 200 day moving average price of $47.85. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $54.69. The stock has a market capitalization of $20.32 billion, a PE ratio of 14.46 and a beta of 0.74.

iShares MSCI Emerging Markets ETF 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).