Sigma Planning Corp Decreases Stake in iShares MSCI Emerging Markets ETF $EEM

Sigma Planning Corp lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 40.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 15,421 shares of the exchange traded fund’s stock after selling 10,679 shares during the quarter. Sigma Planning Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $876,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hsbc Holdings PLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 74.9% in the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after acquiring an additional 2,823,265 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its holdings in iShares MSCI Emerging Markets ETF by 25.8% during the fourth quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock worth $243,935,000 after acquiring an additional 915,248 shares during the period. LPL Financial LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after acquiring an additional 196,473 shares during the period. Mariner LLC boosted its position in iShares MSCI Emerging Markets ETF by 23.8% in the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after purchasing an additional 447,010 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in iShares MSCI Emerging Markets ETF by 18.3% in the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after purchasing an additional 313,978 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $63.29 on Monday. The company has a market capitalization of $28.02 billion, a PE ratio of 14.46 and a beta of 0.72. The business has a fifty day moving average price of $67.11 and a two-hundred day moving average price of $62.25. iShares MSCI Emerging Markets ETF has a 1 year low of $47.98 and a 1 year 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.