Focus Partners Advisor Solutions LLC Sells 15,804 Shares of iShares MSCI Emerging Markets ETF $EEM

Focus Partners Advisor Solutions LLC cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,785 shares of the exchange traded fund’s stock after selling 15,804 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,116,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $407,231,000. LPL Financial LLC raised its holdings in iShares MSCI Emerging Markets ETF by 6.1% in the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after purchasing an additional 196,473 shares in the last quarter. Mariner LLC raised its holdings in iShares MSCI Emerging Markets ETF by 23.8% in the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock worth $124,134,000 after purchasing an additional 447,010 shares in the last quarter. Raymond James Financial Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 18.3% in the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after purchasing an additional 313,978 shares in the last quarter. Finally, National Bank of Canada FI raised its holdings in iShares MSCI Emerging Markets ETF by 21,534.1% in the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after purchasing an additional 1,969,944 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.8%

Shares of NYSEARCA EEM opened at $65.75 on Tuesday. iShares MSCI Emerging Markets ETF has a 12 month low of $46.15 and a 12 month high of $70.86. The firm has a market capitalization of $29.11 billion, a PE ratio of 14.46 and a beta of 0.73. The firm has a fifty day simple moving average of $63.80 and a two-hundred day simple moving average of $59.60.

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.