iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Cedar Wealth Management LLC

Cedar Wealth Management LLC lowered its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,379 shares of the exchange traded fund’s stock after selling 712 shares during the period. Cedar Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $685,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. LPL Financial LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 14.8% in the 4th quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock worth $101,682,000 after purchasing an additional 312,551 shares during the last quarter. Del Sette Capital Management LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 0.8% in the fourth quarter. Del Sette Capital Management LLC now owns 131,400 shares of the exchange traded fund’s stock worth $5,495,000 after acquiring an additional 1,023 shares in the last quarter. Simplex Trading LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 387.1% in the fourth quarter. Simplex Trading LLC now owns 165,847 shares of the exchange traded fund’s stock worth $6,935,000 after acquiring an additional 131,802 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $51,000. Finally, Washington Trust Bank increased its position in shares of iShares MSCI Emerging Markets ETF by 74.3% in the fourth quarter. Washington Trust Bank now owns 67,951 shares of the exchange traded fund’s stock worth $2,842,000 after acquiring an additional 28,974 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $44.58 on Friday. The firm’s 50 day simple moving average is $43.51 and its 200-day simple moving average is $43.78. The company has a market cap of $16.89 billion, a P/E ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44.

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).