iShares MSCI Emerging Markets ETF $EEM Shares Sold by MAI Capital Management

MAI Capital Management lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 175,902 shares of the exchange traded fund’s stock after selling 8,158 shares during the quarter. MAI Capital Management’s holdings in iShares MSCI Emerging Markets ETF were worth $9,393,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of EEM. Bradley Foster & Sargent Inc. CT boosted its stake in shares of iShares MSCI Emerging Markets ETF by 59.0% during the third quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock valued at $2,795,000 after acquiring an additional 19,432 shares during the last quarter. Vawter Financial Ltd. purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $444,000. Corepath Wealth Partners LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 5.9% in the 3rd quarter. Corepath Wealth Partners LLC now owns 116,488 shares of the exchange traded fund’s stock valued at $6,346,000 after purchasing an additional 6,466 shares in the last quarter. TD Asset Management Inc boosted its stake in shares of iShares MSCI Emerging Markets ETF by 98.9% during the 3rd quarter. TD Asset Management Inc now owns 19,941 shares of the exchange traded fund’s stock worth $1,065,000 after purchasing an additional 9,914 shares during the last quarter. Finally, Colonial Trust Co SC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth about $55,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $63.31 on Thursday. The firm has a market cap of $28.86 billion, a PE ratio of 14.46 and a beta of 0.64. The firm has a 50 day simple moving average of $58.29 and a 200-day simple moving average of $54.93. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $63.43.

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.