Linscomb Wealth Inc. Reduces Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Linscomb Wealth Inc. lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 142,961 shares of the exchange traded fund’s stock after selling 1,152 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $5,979,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Delap Wealth Advisory LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 2.2% in the 4th quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after purchasing an additional 257 shares during the last quarter. Rockland Trust Co. boosted its holdings in iShares MSCI Emerging Markets ETF by 0.8% during the fourth quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after buying an additional 260 shares in the last quarter. Venturi Wealth Management LLC grew its position in iShares MSCI Emerging Markets ETF by 13.9% in the fourth quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 272 shares during the last quarter. Sax Wealth Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% in the fourth quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 276 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.2% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock valued at $1,123,000 after acquiring an additional 279 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.9 %

Shares of NYSEARCA EEM opened at $43.81 on Friday. The stock’s fifty day simple moving average is $42.84 and its 200 day simple moving average is $43.67. The stock has a market capitalization of $16.23 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44.

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).