Flputnam Investment Management Co. Sells 947 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Flputnam Investment Management Co. lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,065 shares of the exchange traded fund’s stock after selling 947 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $295,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in EEM. DRW Securities LLC lifted its position in iShares MSCI Emerging Markets ETF by 603.8% during the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $105,980,000. Erste Asset Management GmbH acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $29,856,000. Flow Traders U.S. LLC bought a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $17,112,000. Finally, Granite Bay Wealth Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $13,839,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $42.83 on Tuesday. The firm has a fifty day moving average of $42.87 and a two-hundred day moving average of $43.69. The stock has a market capitalization of $15.86 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44.

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).