iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Holdings Cut by Keel Point LLC

Keel Point LLC decreased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 204,410 shares of the exchange traded fund’s stock after selling 25,152 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 0.7% of Keel Point LLC’s holdings, making the stock its 25th biggest position. Keel Point LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $8,548,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EEM. GM Advisory Group LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 448 shares during the last quarter. QRG Capital Management Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $205,000. Jones Financial Companies Lllp lifted its stake in shares of iShares MSCI Emerging Markets ETF by 70.3% in the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 5,063 shares during the last quarter. Discovery Capital Management LLC CT acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $312,000. Finally, Carret Asset Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 4.2% in the 4th quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock valued at $881,000 after purchasing an additional 857 shares during the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.3 %

EEM stock opened at $43.76 on Thursday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $47.44. The company has a fifty day simple moving average of $43.13 and a 200 day simple moving average of $43.35. The firm has a market cap of $16.48 billion, a PE ratio of 13.13 and a beta of 0.63.

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).