Signaturefd LLC Sells 10,325 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Signaturefd LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 29.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,672 shares of the exchange traded fund’s stock after selling 10,325 shares during the quarter. Signaturefd LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,032,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DRW Securities LLC raised its holdings in iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $105,980,000. Raymond James Financial Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $67,244,000. Erste Asset Management GmbH acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth $29,856,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth $17,112,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 0.5 %

Shares of NYSEARCA:EEM opened at $45.11 on Wednesday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The company’s fifty day simple moving average is $43.31 and its 200 day simple moving average is $43.75. The firm has a market cap of $17.09 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).