iShares MSCI Emerging Markets ETF $EEM Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 27.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,383 shares of the exchange traded fund’s stock after selling 2,737 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $356,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Goldman Sachs Group Inc. grew its holdings in iShares MSCI Emerging Markets ETF by 1,097.3% during the first quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock worth $1,303,523,000 after acquiring an additional 32,819,730 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares MSCI Emerging Markets ETF by 45.2% during the first quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock worth $471,374,000 after acquiring an additional 3,359,853 shares during the period. TD Asset Management Inc grew its holdings in iShares MSCI Emerging Markets ETF by 13.0% during the first quarter. TD Asset Management Inc now owns 4,999,304 shares of the exchange traded fund’s stock worth $218,470,000 after acquiring an additional 575,932 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares MSCI Emerging Markets ETF by 1.3% during the first quarter. Envestnet Asset Management Inc. now owns 2,290,688 shares of the exchange traded fund’s stock worth $100,103,000 after acquiring an additional 28,793 shares during the period. Finally, Hirtle Callaghan & Co LLC grew its holdings in iShares MSCI Emerging Markets ETF by 5.6% during the first quarter. Hirtle Callaghan & Co LLC now owns 1,881,523 shares of the exchange traded fund’s stock worth $82,223,000 after acquiring an additional 100,615 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.6%

Shares of EEM stock opened at $56.01 on Thursday. The company has a market capitalization of $21.30 billion, a P/E ratio of 14.46 and a beta of 0.64. The business’s 50 day moving average is $52.72 and its two-hundred day moving average is $48.97. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $56.31.

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).