iShares MSCI Emerging Markets ETF $EEM Shares Sold by Ethos Financial Group LLC

Ethos Financial Group LLC decreased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 62.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,353 shares of the exchange traded fund’s stock after selling 12,463 shares during the period. Ethos Financial Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $355,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Atlantic Union Bankshares Corp acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth $289,000. Fourth Dimension Wealth LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 11.7% during the second quarter. Fourth Dimension Wealth LLC now owns 60,196 shares of the exchange traded fund’s stock worth $2,904,000 after purchasing an additional 6,304 shares during the last quarter. Crestwood Advisors Group LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 4.5% during the second quarter. Crestwood Advisors Group LLC now owns 18,224 shares of the exchange traded fund’s stock worth $879,000 after purchasing an additional 782 shares in the last quarter. HFG Advisors Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 7.9% during the second quarter. HFG Advisors Inc. now owns 52,053 shares of the exchange traded fund’s stock worth $2,511,000 after purchasing an additional 3,795 shares in the last quarter. Finally, Simplex Trading LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 86.9% in the 2nd quarter. Simplex Trading LLC now owns 306,415 shares of the exchange traded fund’s stock valued at $14,781,000 after purchasing an additional 142,501 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.3%

Shares of NYSEARCA EEM opened at $54.55 on Friday. The business has a 50-day moving average price of $53.42 and a 200 day moving average price of $49.56. The stock has a market cap of $20.74 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $56.31.

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).