Pathstone Holdings LLC Sells 50,887 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Pathstone Holdings LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.4% in the fourth quarter, HoldingsChannel reports. The firm owned 360,739 shares of the exchange traded fund’s stock after selling 50,887 shares during the period. Pathstone Holdings LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $15,086,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Pillar Financial Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $28,000. Navigoe LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $30,000. Compass Planning Associates Inc bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $36,000. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $38,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $41,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $46.31 on Thursday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $47.44. The company’s 50 day simple moving average is $43.38 and its 200-day simple moving average is $43.33. The stock has a market capitalization of $17.44 billion, a P/E ratio of 13.99 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).