Octavia Wealth Advisors LLC Cuts Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Octavia Wealth Advisors LLC reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 17.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,939 shares of the exchange traded fund’s stock after selling 4,352 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of EEM. Fairfield Bush & CO. purchased a new position in iShares MSCI Emerging Markets ETF in the first quarter worth $146,000. AMI Investment Management Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 5.7% during the 1st quarter. AMI Investment Management Inc. now owns 11,268 shares of the exchange traded fund’s stock valued at $509,000 after acquiring an additional 605 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in shares of iShares MSCI Emerging Markets ETF by 62.5% in the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 65,005 shares of the exchange traded fund’s stock worth $2,935,000 after buying an additional 25,000 shares during the period. Moors & Cabot Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 14.5% during the first quarter. Moors & Cabot Inc. now owns 8,965 shares of the exchange traded fund’s stock valued at $405,000 after acquiring an additional 1,135 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in iShares MSCI Emerging Markets ETF by 9.3% during the 1st quarter. Baird Financial Group Inc. now owns 892,269 shares of the exchange traded fund’s stock valued at $40,286,000 after purchasing an additional 76,229 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM traded down $0.51 during trading hours on Tuesday, hitting $39.76. The company had a trading volume of 30,108,428 shares, compared to its average volume of 29,203,441. The stock has a 50-day moving average price of $40.61 and a 200 day moving average price of $39.37. iShares MSCI Emerging Markets ETF has a 52 week low of $36.38 and a 52 week high of $42.00.

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).