iShares MSCI Emerging Markets ETF $EEM Shares Sold by Financial Synergies Wealth Advisors Inc.

Financial Synergies Wealth Advisors Inc. cut its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 82,417 shares of the exchange traded fund’s stock after selling 1,578 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for 0.4% of Financial Synergies Wealth Advisors Inc.’s portfolio, making the stock its 28th largest position. Financial Synergies Wealth Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,976,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of EEM. Goldman Sachs Group Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 1,097.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock valued at $1,303,523,000 after purchasing an additional 32,819,730 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 45.2% in the 1st quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock worth $471,374,000 after acquiring an additional 3,359,853 shares during the last quarter. USA Financial Formulas acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter worth $67,857,000. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 1,731.4% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,485,008 shares of the exchange traded fund’s stock worth $64,541,000 after acquiring an additional 1,403,923 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter worth $48,800,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 0.0%

Shares of NYSEARCA EEM opened at $54.18 on Friday. The stock has a market capitalization of $20.60 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The stock’s fifty day simple moving average is $51.89 and its 200 day simple moving average is $48.10. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $54.69.

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).