Eldridge Investment Advisors Inc. Reduces Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Eldridge Investment Advisors Inc. lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,813 shares of the exchange traded fund’s stock after selling 752 shares during the period. Eldridge Investment Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $354,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. TFB Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $278,000. Evergreen Capital Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3.1% during the 3rd quarter. Evergreen Capital Management LLC now owns 36,552 shares of the exchange traded fund’s stock worth $1,387,000 after purchasing an additional 1,100 shares during the period. Savant Capital LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.4% during the fourth quarter. Savant Capital LLC now owns 87,185 shares of the exchange traded fund’s stock worth $3,506,000 after purchasing an additional 1,246 shares during the last quarter. Allworth Financial LP grew its position in shares of iShares MSCI Emerging Markets ETF by 2.5% in the third quarter. Allworth Financial LP now owns 34,654 shares of the exchange traded fund’s stock valued at $1,315,000 after purchasing an additional 843 shares during the period. Finally, Clearstead Advisors LLC increased its stake in iShares MSCI Emerging Markets ETF by 3.4% in the third quarter. Clearstead Advisors LLC now owns 53,582 shares of the exchange traded fund’s stock valued at $2,033,000 after purchasing an additional 1,761 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock traded up $0.38 during trading hours on Friday, reaching $42.47. The stock had a trading volume of 30,630,599 shares, compared to its average volume of 29,265,527. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $42.49. The firm has a 50 day simple moving average of $40.80 and a two-hundred day simple moving average of $39.60.

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).