Rockefeller Capital Management L.P. Sells 6,422 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Rockefeller Capital Management L.P. lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 394,203 shares of the exchange traded fund’s stock after selling 6,422 shares during the period. Rockefeller Capital Management L.P. owned about 0.11% of iShares MSCI Emerging Markets ETF worth $16,486,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EEM. Pillar Financial Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $28,000. Compass Planning Associates Inc purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $36,000. Creative Capital Management Investments LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $38,000. Atmos Advisory LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $40,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $41,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $42.13 on Tuesday. The company’s 50-day simple moving average is $43.47 and its 200-day simple moving average is $43.62. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $47.44. The stock has a market capitalization of $16.02 billion, a P/E ratio of 14.53 and a beta of 0.63.

About iShares MSCI Emerging Markets ETF

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).