iShares MSCI Emerging Markets ETF $EEM Stock: Strategic Equity Management Cuts Holdings

Strategic Equity Management decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 66.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 76,544 shares of the exchange traded fund’s stock after selling 150,688 shares during the quarter. iShares MSCI Emerging Markets ETF comprises approximately 4.4% of Strategic Equity Management’s investment portfolio, making the stock its 10th biggest holding. Strategic Equity Management’s holdings in iShares MSCI Emerging Markets ETF were worth $5,112,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Magnus Financial Group LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 0.5% during the third quarter. Magnus Financial Group LLC now owns 33,124 shares of the exchange traded fund’s stock worth $2,212,000 after purchasing an additional 163 shares in the last quarter. Arcus Capital Partners LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 1.0% in the 1st quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock valued at $959,000 after buying an additional 167 shares in the last quarter. Winter & Associates Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 1.3% in the 3rd quarter. Winter & Associates Inc. now owns 13,962 shares of the exchange traded fund’s stock valued at $884,000 after buying an additional 174 shares in the last quarter. Apella Capital LLC raised its stake in iShares MSCI Emerging Markets ETF by 2.1% during the 2nd quarter. Apella Capital LLC now owns 10,581 shares of the exchange traded fund’s stock worth $695,000 after buying an additional 220 shares during the period. Finally, Adell Harriman & Carpenter Inc. raised its stake in iShares MSCI Emerging Markets ETF by 2.3% during the 1st quarter. Adell Harriman & Carpenter Inc. now owns 10,253 shares of the exchange traded fund’s stock worth $582,000 after buying an additional 232 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 2.9%

Shares of iShares MSCI Emerging Markets ETF stock opened at $61.03 on Tuesday. The stock’s fifty day simple moving average is $65.31 and its 200 day simple moving average is $63.89. The company has a market capitalization of $28.29 billion, a PE ratio of 14.46 and a beta of 0.77. 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.