Asset Dedication LLC Lowers Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Asset Dedication LLC decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 28.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,076 shares of the exchange traded fund’s stock after selling 809 shares during the period. Asset Dedication LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $87,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EEM. Covenant Partners LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares in the last quarter. Teachers Insurance & Annuity Association of America bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $37,000. Atmos Advisory LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $40,000. West Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $65,000. Finally, Bristlecone Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $65,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $43.21 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $38.26 and a one year high of $47.44. The company’s 50-day simple moving average is $42.68 and its 200 day simple moving average is $43.46.

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).