Innova Wealth Partners Sells 10,026 Shares of iShares MSCI Emerging Markets ETF $EEM

Innova Wealth Partners trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 43.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,176 shares of the exchange traded fund’s stock after selling 10,026 shares during the quarter. Innova Wealth Partners’ holdings in iShares MSCI Emerging Markets ETF were worth $880,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Merkkuri Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter worth about $27,000. MidFirst Bank purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $31,000. SHP Wealth Management purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $35,000. CrossGen Wealth LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $35,000. Finally, Manning & Napier Advisors LLC increased its stake in iShares MSCI Emerging Markets ETF by 491.4% in the 1st quarter. Manning & Napier Advisors LLC now owns 621 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 516 shares during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $63.32 on Wednesday. The stock has a market capitalization of $29.35 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1 year low of $52.38 and a 1 year high of $71.57. The business’s 50 day simple moving average is $66.81 and its 200-day simple moving average is $65.82.

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.