Corient Private Wealth LLC Cuts Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Corient Private Wealth LLC lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 764,353 shares of the exchange traded fund’s stock after selling 118,182 shares during the quarter. Corient Private Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $31,965,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Pillar Financial Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $28,000. Compass Planning Associates Inc bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $36,000. Teachers Insurance & Annuity Association of America purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $37,000. Creative Capital Management Investments LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $38,000. Finally, Atmos Advisory LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.7 %

iShares MSCI Emerging Markets ETF stock opened at $45.34 on Tuesday. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44. The firm’s fifty day moving average is $43.25 and its 200 day moving average is $43.74. The company has a market cap of $17.18 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72.

iShares MSCI Emerging Markets ETF 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).