Clal Insurance Enterprises Holdings Ltd lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 10.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,440,040 shares of the exchange traded fund’s stock after selling 529,000 shares during the period. iShares MSCI Emerging Markets ETF accounts for 1.5% of Clal Insurance Enterprises Holdings Ltd’s holdings, making the stock its 13th biggest holding. Clal Insurance Enterprises Holdings Ltd owned about 1.00% of iShares MSCI Emerging Markets ETF worth $252,150,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. MidAtlantic Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $25,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $27,000. Jessup Wealth Management Inc acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $31,000. Finally, Elevated Capital Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $31,000. Institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Performance
Shares of NYSEARCA EEM opened at $65.34 on Wednesday. The firm’s 50-day simple moving average is $67.01 and its 200 day simple moving average is $62.39. The stock has a market cap of $28.93 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.98 and a fifty-two week high of $71.57.
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). 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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