18,086 iShares MSCI Emerging Markets ETF $EEM Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 75.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,912 shares of the exchange traded fund’s stock after selling 18,086 shares during the period. International Assets Investment Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $395,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Arrow Investment Advisors LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $5,254,000. Calamos Wealth Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $6,127,000. Principle Wealth Partners LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 14.1% in the 3rd quarter. Principle Wealth Partners LLC now owns 3,847 shares of the exchange traded fund’s stock worth $257,000 after acquiring an additional 475 shares during the period. Kestra Advisory Services LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 23.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 340,447 shares of the exchange traded fund’s stock worth $22,738,000 after acquiring an additional 64,640 shares during the period. Finally, Platform Technology Partners acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $279,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $62.04 on Thursday. iShares MSCI Emerging Markets ETF has a 1-year low of $52.38 and a 1-year high of $71.57. The company has a market capitalization of $28.76 billion, a P/E ratio of 12.06 and a beta of 0.77. The business has a 50 day moving average price of $65.09 and a 200 day moving average price of $63.92.

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.