J2 Capital Management Inc Sells 17,504 Shares of iShares MSCI Emerging Markets ETF $EEM

J2 Capital Management Inc lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 43.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 22,423 shares of the exchange traded fund’s stock after selling 17,504 shares during the period. iShares MSCI Emerging Markets ETF accounts for approximately 0.9% of J2 Capital Management Inc’s holdings, making the stock its 15th biggest position. J2 Capital Management Inc’s holdings in iShares MSCI Emerging Markets ETF were worth $1,273,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. MidAtlantic Capital Management Inc. bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. BTG Pactual Asset Management US LLC boosted its stake in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 46,071 shares during the period. Elevated Capital Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $31,000. Finally, MidFirst Bank purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $31,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $67.96 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $47.90 and a 1 year high of $71.57. The firm’s 50 day moving average price is $66.44 and its 200-day moving average price is $60.91. The stock has a market cap of $30.09 billion, a P/E ratio of 14.46 and a beta of 0.73.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.