Highview Capital Management LLC DE lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 65.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 89,771 shares of the exchange traded fund’s stock after selling 167,729 shares during the period. iShares MSCI Emerging Markets ETF makes up 1.7% of Highview Capital Management LLC DE’s holdings, making the stock its 17th biggest holding. Highview Capital Management LLC DE’s holdings in iShares MSCI Emerging Markets ETF were worth $4,331,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Barings LLC bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter worth about $24,806,000. US Financial Advisors LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 11.6% in the 1st quarter. US Financial Advisors LLC now owns 226,949 shares of the exchange traded fund’s stock worth $9,918,000 after acquiring an additional 23,542 shares during the period. Pandora Wealth Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 15.4% in the second quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock valued at $465,000 after acquiring an additional 1,290 shares in the last quarter. Endowment Wealth Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 24.7% during the 2nd quarter. Endowment Wealth Management Inc. now owns 37,084 shares of the exchange traded fund’s stock valued at $1,789,000 after purchasing an additional 7,352 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in iShares MSCI Emerging Markets ETF by 21.1% in the first quarter. Geneos Wealth Management Inc. now owns 136,579 shares of the exchange traded fund’s stock worth $5,969,000 after acquiring an additional 23,772 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.
iShares MSCI Emerging Markets ETF Stock Down 0.5%
Shares of iShares MSCI Emerging Markets ETF stock opened at $54.04 on Wednesday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $56.31. The stock’s fifty day moving average is $54.07 and its 200-day moving average is $50.21. The firm has a market capitalization of $20.55 billion, a PE ratio of 14.46 and a beta of 0.64.
iShares MSCI Emerging Markets ETF Company 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).
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