Strategic Equity Management Sells 150,688 Shares of iShares MSCI Emerging Markets ETF $EEM

Strategic Equity Management reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 66.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 76,544 shares of the exchange traded fund’s stock after selling 150,688 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 4.4% of Strategic Equity Management’s holdings, making the stock its 10th biggest position. Strategic Equity Management’s holdings in iShares MSCI Emerging Markets ETF were worth $5,112,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Texas Bank & Trust Co boosted its stake in iShares MSCI Emerging Markets ETF by 3.2% in the third quarter. Texas Bank & Trust Co now owns 32,049 shares of the exchange traded fund’s stock valued at $2,141,000 after acquiring an additional 984 shares during the last quarter. Consolidated Investment Group LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $4,321,000. AlphaCore Capital LLC grew its holdings in iShares MSCI Emerging Markets ETF by 57.8% during the 3rd quarter. AlphaCore Capital LLC now owns 14,220 shares of the exchange traded fund’s stock worth $950,000 after acquiring an additional 5,209 shares during the period. Retirement Systems of Alabama bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $609,880,000. Finally, Bryn Mawr Trust Advisors LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 7.5% during the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 273,713 shares of the exchange traded fund’s stock valued at $18,281,000 after acquiring an additional 19,163 shares during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 2.9%

EEM stock opened at $61.03 on Tuesday. The business’s fifty day moving average is $65.31 and its 200-day moving average is $63.89. The company has a market cap of $28.29 billion, a P/E ratio of 14.46 and a beta of 0.77. iShares MSCI Emerging Markets ETF has a twelve month low of $52.38 and a twelve month high of $71.57.

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). 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.