CoreCap Advisors LLC Sells 21,028 Shares of iShares MSCI Emerging Markets ETF $EEM

CoreCap Advisors LLC decreased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 17.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 102,937 shares of the exchange traded fund’s stock after selling 21,028 shares during the period. CoreCap Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,632,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Ramsey Quantitative Systems bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $328,000. Well Done LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 43.7% in the 4th quarter. Well Done LLC now owns 8,401 shares of the exchange traded fund’s stock worth $460,000 after acquiring an additional 2,553 shares during the last quarter. Argentarii LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $219,000. Flagstar Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $311,000. Finally, Signal Advisors Wealth LLC grew its holdings in iShares MSCI Emerging Markets ETF by 41.7% during the 4th quarter. Signal Advisors Wealth LLC now owns 9,031 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 2,659 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $55.47 on Friday. The firm has a market capitalization of $25.29 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $65.96. The company’s 50-day moving average is $59.35 and its 200 day moving average is $56.10.

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.