Mirae Asset Global Investments Co. Ltd. trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 13.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,199 shares of the exchange traded fund’s stock after selling 2,880 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI Emerging Markets ETF were worth $764,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America bought a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $37,000. Covenant Partners LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares during the last quarter. Atmos Advisory LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $40,000. CarsonAllaria Wealth Management Ltd. lifted its holdings in iShares MSCI Emerging Markets ETF by 40.0% in the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $65,000. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Price Performance
NYSEARCA EEM opened at $43.79 on Thursday. The stock has a 50-day simple moving average of $42.65 and a 200 day simple moving average of $43.47. iShares MSCI Emerging Markets ETF has a twelve month low of $38.95 and a twelve month high of $47.44.
iShares MSCI Emerging Markets ETF 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).
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