iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,323 shares of the exchange traded fund’s stock after selling 12,660 shares during the period. New York State Common Retirement Fund owned about 0.05% of iShares MSCI Emerging Markets ETF worth $9,342,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EEM. RWA Wealth Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $7,259,000. Sage Mountain Advisors LLC raised its position in iShares MSCI Emerging Markets ETF by 56.4% during the fourth quarter. Sage Mountain Advisors LLC now owns 11,758 shares of the exchange traded fund’s stock worth $473,000 after acquiring an additional 4,240 shares during the last quarter. Summit Wealth & Retirement Planning Inc. lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 0.4% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 113,893 shares of the exchange traded fund’s stock valued at $4,580,000 after purchasing an additional 494 shares in the last quarter. Prism Advisors Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 0.4% in the fourth quarter. Prism Advisors Inc. now owns 88,106 shares of the exchange traded fund’s stock valued at $3,543,000 after purchasing an additional 329 shares during the last quarter. Finally, Cetera Trust Company N.A purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $32,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $41.03 on Thursday. The stock’s 50 day moving average price is $40.77 and its 200 day moving average price is $39.58. The firm has a market cap of $17.15 billion, a P/E ratio of 11.55 and a beta of 0.87. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $42.00.

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).