Cadence Wealth Management LLC Sells 9,955 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Cadence Wealth Management LLC decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 17.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 48,660 shares of the exchange traded fund’s stock after selling 9,955 shares during the period. iShares MSCI Emerging Markets ETF makes up 1.3% of Cadence Wealth Management LLC’s holdings, making the stock its 13th largest position. Cadence Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,035,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pillar Financial Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $28,000. 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. Compass Planning Associates Inc bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $36,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $38,000. Finally, Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $40,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.7 %

EEM opened at $45.34 on Tuesday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The company has a fifty day simple moving average of $43.25 and a 200 day simple moving average of $43.74. The stock has a market cap of $17.18 billion, a P/E ratio of 14.88 and a beta of 0.72.

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).