iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Position Reduced by Aveo Capital Partners LLC

Aveo Capital Partners LLC decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 89.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 5,172 shares of the exchange traded fund’s stock after selling 45,318 shares during the quarter. Aveo Capital Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $231,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elequin Capital LP bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $28,000. Navigoe LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $30,000. Golden State Wealth Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 352 shares in the last quarter. Copia Wealth Management bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $33,000. Finally, Dunhill Financial LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 589.6% in the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 796 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $49.44 on Monday. The stock has a market capitalization of $18.80 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $49.96. The business’s fifty day moving average is $48.15 and its two-hundred day moving average is $45.34.

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).