Bluefin Capital Management LLC Reduces Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bluefin Capital Management LLC reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 94.0% during the first quarter, HoldingsChannel reports. The firm owned 9,505 shares of the exchange traded fund’s stock after selling 150,100 shares during the quarter. Bluefin Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $507,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in EEM. Wambolt & Associates LLC increased its holdings in iShares MSCI Emerging Markets ETF by 61.7% during the 1st quarter. Wambolt & Associates LLC now owns 25,091 shares of the exchange traded fund’s stock worth $1,351,000 after purchasing an additional 9,574 shares during the last quarter. Waldron Private Wealth LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 5.2% in the 1st quarter. Waldron Private Wealth LLC now owns 115,301 shares of the exchange traded fund’s stock worth $6,150,000 after purchasing an additional 5,736 shares during the last quarter. NBT Bank N A NY increased its position in shares of iShares MSCI Emerging Markets ETF by 5.1% in the 1st quarter. NBT Bank N A NY now owns 104,513 shares of the exchange traded fund’s stock worth $5,574,000 after purchasing an additional 5,062 shares during the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 1st quarter worth about $51,000. Finally, ACG Wealth increased its position in shares of iShares MSCI Emerging Markets ETF by 3.5% in the 1st quarter. ACG Wealth now owns 142,416 shares of the exchange traded fund’s stock worth $7,596,000 after purchasing an additional 4,751 shares during the last quarter. Institutional investors and hedge funds own 74.76% of the company’s stock.

Shares of EEM traded up $0.15 during midday trading on Thursday, hitting $53.35. The company had a trading volume of 470,865 shares, compared to its average volume of 26,706,494. iShares MSCI Emerging Markets ETF has a 52 week low of $42.29 and a 52 week high of $58.29. The firm has a 50 day moving average price of $54.37.

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).

Featured Story: What is Liquidity?

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.