Lmcg Investments LLC Decreases Holdings in iShares MSCI Emerging Markets ETF $EEM

Lmcg Investments LLC trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 184,815 shares of the exchange traded fund’s stock after selling 21,738 shares during the quarter. Lmcg Investments LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $10,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC boosted 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 worth $360,596,000 after buying an additional 2,823,265 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University increased 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 valued at $243,935,000 after buying an additional 915,248 shares during the last quarter. LPL Financial LLC increased 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 valued at $186,115,000 after buying an additional 196,473 shares during the last quarter. Mariner LLC raised 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 acquiring an additional 447,010 shares during the period. Finally, Raymond James Financial Inc. raised 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 acquiring an additional 313,978 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $66.23 on Thursday. iShares MSCI Emerging Markets ETF has a 1-year low of $47.98 and a 1-year high of $71.57. The company’s fifty day simple moving average is $67.11 and its 200-day simple moving average is $61.71. The stock has a market capitalization of $29.33 billion, a PE ratio of 14.46 and a beta of 0.72.

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). 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.