iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 119,663 shares of the exchange traded fund’s stock after selling 11,755 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,004,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in EEM. Bleakley Financial Group LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $204,000. Harbour Investments Inc. increased its position in iShares MSCI Emerging Markets ETF by 5.8% in the third quarter. Harbour Investments Inc. now owns 48,732 shares of the exchange traded fund’s stock worth $2,235,000 after buying an additional 2,653 shares during the period. Arlington Financial Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth $670,000. Endowment Wealth Management Inc. increased its holdings in shares of iShares MSCI Emerging Markets ETF by 19.0% during the third quarter. Endowment Wealth Management Inc. now owns 19,976 shares of the exchange traded fund’s stock valued at $916,000 after purchasing an additional 3,193 shares during the period. Finally, Stevens Capital Management LP increased its holdings in shares of iShares MSCI Emerging Markets ETF by 10.0% during the third quarter. Stevens Capital Management LP now owns 200,753 shares of the exchange traded fund’s stock valued at $9,207,000 after purchasing an additional 18,192 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $44.41 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The stock’s fifty day moving average is $42.66 and its 200-day moving average is $43.47.

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).