iShares MSCI Emerging Markets ETF $EEM Shares Sold by Turim 21 Investimentos Ltda.

Turim 21 Investimentos Ltda. cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 92.9% in the first quarter, HoldingsChannel.com reports. The fund owned 890 shares of the exchange traded fund’s stock after selling 11,733 shares during the period. Turim 21 Investimentos Ltda.’s holdings in iShares MSCI Emerging Markets ETF were worth $51,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in EEM. Board of Trustees of The Leland Stanford Junior University increased its stake in shares of iShares MSCI Emerging Markets ETF by 102.7% during the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after purchasing an additional 4,577,226 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of iShares MSCI Emerging Markets ETF by 74.9% during the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 4.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock valued at $261,864,000 after buying an additional 189,366 shares in the last quarter. LPL Financial LLC lifted its stake 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 valued at $186,115,000 after buying an additional 196,473 shares in the last quarter. Finally, Mariner LLC boosted 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 buying an additional 447,010 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $63.33 on Monday. iShares MSCI Emerging Markets ETF has a 12 month low of $47.98 and a 12 month high of $71.57. The stock has a 50 day moving average of $66.88 and a two-hundred day moving average of $62.57. The firm has a market cap of $28.47 billion, a P/E ratio of 14.46 and a beta of 0.72.

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). 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.