iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 75.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 25,985 shares of the exchange traded fund’s stock after selling 80,519 shares during the period. Y Intercept Hong Kong Ltd’s holdings in iShares MSCI Emerging Markets ETF were worth $1,087,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Union Bancaire Privee UBP SA purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $5,325,000. KM Capital Management Ltd. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $667,000. Delap Wealth Advisory LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 2.2% during the fourth quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after purchasing an additional 257 shares in the last quarter. Alexander Randolph Advisory Inc. raised its stake in iShares MSCI Emerging Markets ETF by 35.1% in the 4th quarter. Alexander Randolph Advisory Inc. now owns 9,951 shares of the exchange traded fund’s stock valued at $416,000 after purchasing an additional 2,585 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its stake in iShares MSCI Emerging Markets ETF by 2.5% in the 4th quarter. First Horizon Advisors Inc. now owns 21,864 shares of the exchange traded fund’s stock valued at $914,000 after purchasing an additional 535 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 1.0 %

Shares of EEM opened at $44.68 on Thursday. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44. The stock has a market cap of $16.55 billion, a PE ratio of 14.53 and a beta of 0.70. The firm’s fifty day moving average is $42.81 and its two-hundred day moving average is $43.67.

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).