20,014 iShares MSCI Emerging Markets ETF $EEM Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 48.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,703 shares of the exchange traded fund’s stock after selling 20,014 shares during the quarter. VestGen Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,450,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. MADDEN SECURITIES Corp acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth about $27,000. Balance Wealth Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $28,000. Financial Management Professionals Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $29,000. Manning & Napier Advisors LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 491.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 516 shares in the last quarter. Finally, First Bancorp Inc ME purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $37,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 2.7%

EEM opened at $61.04 on Friday. The stock has a fifty day moving average of $66.11 and a 200-day moving average of $63.82. The firm has a market capitalization of $28.29 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57.

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). 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.