Fluent Financial LLC trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 76.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,525 shares of the exchange traded fund’s stock after selling 214,512 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 1.6% of Fluent Financial LLC’s holdings, making the stock its 12th biggest position. Fluent Financial LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,619,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently made changes to their positions in EEM. Founders Financial Securities LLC raised its holdings in iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock worth $3,148,000 after purchasing an additional 163 shares in the last quarter. Arcus Capital Partners LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.0% during the 1st quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock valued at $959,000 after purchasing an additional 167 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 5.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after purchasing an additional 169 shares in the last quarter. Cim LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 3.0% during the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after purchasing an additional 182 shares during the period. Finally, Nicolet Advisory Services LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 2.9% during the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after purchasing an additional 184 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Stock Performance
EEM opened at $65.64 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $49.23 and a one year high of $71.57. The stock’s fifty day moving average is $66.38 and its 200-day moving average is $63.03. The company has a market capitalization of $29.51 billion, a PE ratio of 14.46 and a beta of 0.74.
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). 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.
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