Corient Private Wealth LP cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 3.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 783,265 shares of the exchange traded fund’s stock after selling 29,807 shares during the quarter. Corient Private Wealth LP’s holdings in iShares MSCI Emerging Markets ETF were worth $53,677,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the business. Erste Asset Management GmbH lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.2% in the fourth quarter. Erste Asset Management GmbH now owns 759,519 shares of the exchange traded fund’s stock worth $41,553,000 after buying an additional 8,700 shares in the last quarter. Florida Financial Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $522,000. Independent Financial Group LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter worth $4,789,000. WCG Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth $1,386,000. Finally, Csenge Advisory Group boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 858.1% during the 4th quarter. Csenge Advisory Group now owns 54,192 shares of the exchange traded fund’s stock valued at $2,965,000 after purchasing an additional 48,536 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Stock Up 1.3%
EEM opened at $67.84 on Friday. The company has a market capitalization of $30.50 billion, a PE ratio of 14.46 and a beta of 0.74. The firm has a 50-day simple moving average of $65.92 and a two-hundred day simple moving average of $64.24. iShares MSCI Emerging Markets ETF has a 52 week low of $51.82 and a 52 week 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.
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