iShares MSCI Emerging Markets ETF $EEM Holdings Cut by Westmount Partners LLC

Westmount Partners LLC reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 43.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,977 shares of the exchange traded fund’s stock after selling 8,528 shares during the period. Westmount Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $751,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth $25,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the first quarter worth $27,000. BTG Pactual Asset Management US LLC lifted its stake in iShares MSCI Emerging Markets ETF by 101.3% in the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $31,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $65.02 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $49.23 and a 1 year high of $71.57. The company has a market cap of $29.23 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The firm has a fifty day moving average of $66.44 and a 200-day moving average of $62.98.

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.