EverSource Wealth Advisors LLC Sells 1,858 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

EverSource Wealth Advisors LLC trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 20.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,241 shares of the exchange traded fund’s stock after selling 1,858 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $303,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Pillar Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Compass Planning Associates Inc bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $36,000. Teachers Insurance & Annuity Association of America acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $37,000. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $38,000. Finally, Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $40,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $44.58 on Friday. The business’s 50-day simple moving average is $43.19 and its 200-day simple moving average is $43.72. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The firm has a market capitalization of $16.89 billion, a PE ratio of 14.88 and a beta of 0.72.

About iShares MSCI Emerging Markets ETF

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).