iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,189 shares of the exchange traded fund’s stock after selling 1,110 shares during the period. Samalin Investment Counsel LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,095,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. DRW Securities LLC grew its holdings in iShares MSCI Emerging Markets ETF by 603.8% during the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after acquiring an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda bought a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $105,980,000. LPL Financial LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 6.2% in the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after buying an additional 123,741 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.5% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock worth $80,984,000 after buying an additional 27,779 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $67,244,000. 81.39% of the stock is 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 firm’s 50-day moving average is $43.51 and its 200-day moving average is $43.78. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. 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 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).