iShares MSCI Emerging Markets ETF $EEM Stock Sold by CoreCap Advisors LLC

CoreCap Advisors LLC decreased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 34.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 137,279 shares of the exchange traded fund’s stock after selling 71,970 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $9,169,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First Bancorp Inc ME purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $37,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $25,000. Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at approximately $27,000. MidFirst Bank purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $31,000. Finally, Windsor Advisory Group LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock traded down $1.27 during trading on Thursday, reaching $66.10. The company had a trading volume of 35,561,823 shares, compared to its average volume of 31,569,309. The firm has a market capitalization of $30.64 billion, a PE ratio of 14.46 and a beta of 0.74. The firm’s 50-day simple moving average is $66.86 and its 200 day simple moving average is $65.28. iShares MSCI Emerging Markets ETF has a 1-year low of $51.82 and a 1-year high of $71.57.

About iShares MSCI Emerging Markets ETF

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.