JPMorgan Chase & Co. Sells 935,477 Shares of iShares MSCI Emerging Markets ETF $EEM

JPMorgan Chase & Co. lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,980,851 shares of the exchange traded fund’s stock after selling 935,477 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $381,922,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% in the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 9,437 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $3,957,000. Gamco Investors INC. ET AL acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $462,000. Finally, Quantinno Capital Management LP raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after buying an additional 1,320 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.8%

Shares of EEM opened at $64.66 on Thursday. iShares MSCI Emerging Markets ETF has a 1 year low of $46.15 and a 1 year high of $70.86. The stock has a 50 day simple moving average of $64.21 and a 200-day simple moving average of $59.77. The stock has a market cap of $28.63 billion, a PE ratio of 14.46 and a beta of 0.73.

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.