Cullen Capital Management LLC decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 18.5% in the 4th quarter, HoldingsChannel reports. The fund owned 187,165 shares of the exchange traded fund’s stock after selling 42,353 shares during the period. Cullen Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $10,240,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $25,000. BTG Pactual Asset Management US LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares in the last quarter. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $31,000. Finally, Jessup Wealth Management Inc acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Trading Up 0.6%
Shares of EEM opened at $67.88 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $46.15 and a 1 year high of $70.86. The stock has a 50 day simple moving average of $64.64 and a 200-day simple moving average of $59.93. The stock has a market cap of $30.06 billion, a PE ratio of 14.46 and a beta of 0.73.
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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
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