RFG Advisory LLC Has $2.17 Million Stock Position in iShares MSCI Emerging Markets ETF $EEM

RFG Advisory LLC cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 33.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,226 shares of the exchange traded fund’s stock after selling 19,379 shares during the period. RFG Advisory LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,171,000 at the end of the most recent reporting period.

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

iShares MSCI Emerging Markets ETF Trading Down 1.1%

NYSEARCA EEM opened at $67.19 on Friday. The firm has a market capitalization of $29.75 billion, a P/E ratio of 14.46 and a beta of 0.73. The business has a fifty day simple moving average of $66.54 and a 200 day simple moving average of $60.95. iShares MSCI Emerging Markets ETF has a 12 month low of $47.90 and a 12 month high of $71.57.

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.