Belvedere Trading LLC lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 85.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,118 shares of the exchange traded fund’s stock after selling 59,246 shares during the period. Belvedere Trading LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $423,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of EEM. Bleakley Financial Group LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $204,000. Harbour Investments Inc. increased its holdings 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 valued at $2,235,000 after buying an additional 2,653 shares during the last quarter. Arlington Financial Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $670,000. Endowment Wealth Management Inc. raised its stake in 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 buying an additional 3,193 shares in the last quarter. Finally, Stevens Capital Management LP lifted its holdings in iShares MSCI Emerging Markets ETF by 10.0% during the 3rd quarter. Stevens Capital Management LP now owns 200,753 shares of the exchange traded fund’s stock worth $9,207,000 after buying an additional 18,192 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI Emerging Markets ETF Trading Up 0.8 %
Shares of NYSEARCA EEM opened at $44.41 on Monday. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The business has a 50 day simple moving average of $42.67 and a 200-day simple moving average of $43.50.
iShares MSCI Emerging Markets ETF Company 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).
See Also
- Five stocks we like better than iShares MSCI Emerging Markets ETF
- What is a Low P/E Ratio and What Does it Tell Investors?
- Symbotic Shares Down 37%—Is It Time for Bravery or Caution?
- How to Read Stock Charts for Beginners
- High-Yield Healthcare: 3 Stocks With Strong Dividends
- What is the Nikkei 225 index?
- Beyond the Bargain Bin: 3 Stocks Leading Discount Retail
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 – Free Report).
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.