iShares MSCI Emerging Markets ETF $EEM Shares Sold by Moneywise Inc.

Moneywise Inc. reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 86.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,069 shares of the exchange traded fund’s stock after selling 110,217 shares during the period. iShares MSCI Emerging Markets ETF comprises 1.1% of Moneywise Inc.’s investment portfolio, making the stock its 25th largest holding. Moneywise Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,140,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GRIMES & Co WEALTH MANAGEMENT LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $3,592,000. Frederick Financial Consultants LLC increased its position in iShares MSCI Emerging Markets ETF by 5.1% in the 3rd quarter. Frederick Financial Consultants LLC now owns 10,296 shares of the exchange traded fund’s stock valued at $688,000 after acquiring an additional 500 shares during the period. Vigilare Wealth Management acquired a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $224,000. True Freedom Investing LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 70.9% during the third quarter. True Freedom Investing LLC now owns 101,616 shares of the exchange traded fund’s stock valued at $6,787,000 after acquiring an additional 42,164 shares during the last quarter. Finally, Pinnacle Financial Group LLC IL raised its stake in shares of iShares MSCI Emerging Markets ETF by 2.3% during the third quarter. Pinnacle Financial Group LLC IL now owns 177,397 shares of the exchange traded fund’s stock valued at $11,848,000 after acquiring an additional 3,975 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $61.10 on Wednesday. The company has a market capitalization of $28.32 billion, a P/E ratio of 14.46 and a beta of 0.77. The company has a fifty day moving average price of $65.89 and a 200-day moving average price of $63.85. iShares MSCI Emerging Markets ETF has a 52-week low of $52.38 and a 52-week high of $71.57.

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.