Etfidea LLC Decreases Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Etfidea LLC trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,256 shares of the exchange traded fund’s stock after selling 1,254 shares during the quarter. Etfidea LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $352,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its stake in iShares MSCI Emerging Markets ETF by 15.2% during the 1st quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock worth $1,017,805,000 after purchasing an additional 3,270,493 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the first quarter worth about $880,516,000. TD Asset Management Inc boosted its position in iShares MSCI Emerging Markets ETF by 657.0% during the fourth quarter. TD Asset Management Inc now owns 4,376,975 shares of the exchange traded fund’s stock worth $175,998,000 after acquiring an additional 3,798,757 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares MSCI Emerging Markets ETF by 21.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,597,437 shares of the exchange traded fund’s stock valued at $144,653,000 after acquiring an additional 632,842 shares in the last quarter. Finally, Greenleaf Trust raised its holdings in iShares MSCI Emerging Markets ETF by 13.0% in the 1st quarter. Greenleaf Trust now owns 2,577,270 shares of the exchange traded fund’s stock valued at $105,874,000 after acquiring an additional 296,134 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $43.80 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $44.64. The business has a 50 day simple moving average of $42.74 and a 200-day simple moving average of $42.19.

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).