Three Bridge Wealth Advisors LLC Sells 5,356 Shares of iShares MSCI Emerging Markets ETF $EEM

Three Bridge Wealth Advisors LLC trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 140,369 shares of the exchange traded fund’s stock after selling 5,356 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for about 1.8% of Three Bridge Wealth Advisors LLC’s holdings, making the stock its 16th largest position. Three Bridge Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,771,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 1,097.3% in the first quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock valued at $1,303,523,000 after acquiring an additional 32,819,730 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares MSCI Emerging Markets ETF by 45.2% in the first quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock valued at $471,374,000 after acquiring an additional 3,359,853 shares during the period. USA Financial Formulas purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter worth approximately $67,857,000. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in iShares MSCI Emerging Markets ETF by 1,731.4% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,485,008 shares of the exchange traded fund’s stock worth $64,541,000 after purchasing an additional 1,403,923 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $48,800,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $54.23 on Friday. The stock has a market capitalization of $20.62 billion, a PE 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 $54.39. The company’s 50 day simple moving average is $50.93 and its two-hundred day simple moving average is $47.45.

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).