HUB Investment Partners LLC Has $810,000 Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

HUB Investment Partners LLC lessened its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,368 shares of the exchange traded fund’s stock after selling 2,202 shares during the quarter. HUB Investment Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $810,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Next Capital Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 25.7% during the 4th quarter. Next Capital Management LLC now owns 38,484 shares of the exchange traded fund’s stock worth $1,609,000 after buying an additional 7,860 shares during the period. GM Advisory Group LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 448 shares during the period. Generali Asset Management SPA SGR acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $627,000. Thrivent Financial for Lutherans raised its stake in shares of iShares MSCI Emerging Markets ETF by 2.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 123,608 shares of the exchange traded fund’s stock valued at $5,302,000 after purchasing an additional 3,033 shares during the period. Finally, BlackDiamond Wealth Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 6.2% in the 4th quarter. BlackDiamond Wealth Management LLC now owns 5,311 shares of the exchange traded fund’s stock valued at $222,000 after purchasing an additional 310 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $44.80 on Friday. The business’s 50-day moving average price is $43.44 and its two-hundred day moving average price is $43.76. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The company has a market capitalization of $16.97 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72.

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).