Embree Financial Group Sells 1,277 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Embree Financial Group cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 14,148 shares of the exchange traded fund’s stock after selling 1,277 shares during the quarter. Embree Financial Group’s holdings in iShares MSCI Emerging Markets ETF were worth $618,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Ironwood Wealth Management LLC. increased its position in iShares MSCI Emerging Markets ETF by 6.4% in the 4th quarter. Ironwood Wealth Management LLC. now owns 8,325 shares of the exchange traded fund’s stock valued at $348,000 after acquiring an additional 502 shares during the period. Brighton Jones LLC lifted its holdings in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares during the period. Venturi Wealth Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 13.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock valued at $93,000 after buying an additional 272 shares during the last quarter. Private Advisor Group LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 0.8% in the 4th quarter. Private Advisor Group LLC now owns 92,225 shares of the exchange traded fund’s stock valued at $3,857,000 after buying an additional 699 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its stake in shares of iShares MSCI Emerging Markets ETF by 2.5% in the fourth quarter. First Horizon Advisors Inc. now owns 21,864 shares of the exchange traded fund’s stock valued at $914,000 after buying an additional 535 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $46.71 on Tuesday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $47.97. The company’s 50 day moving average price is $45.36 and its 200-day moving average price is $43.84. The company has a market capitalization of $17.59 billion, a P/E ratio of 13.99 and a beta of 0.62.

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).