Thrivent Financial for Lutherans Cuts Position in iShares MSCI Emerging Markets ETF $EEM

Thrivent Financial for Lutherans reduced its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 80.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 229,196 shares of the exchange traded fund’s stock after selling 927,295 shares during the period. Thrivent Financial for Lutherans owned about 0.05% of iShares MSCI Emerging Markets ETF worth $12,550,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in EEM. Versant Capital Management Inc raised its stake in iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 366 shares during the last quarter. Elevated Capital Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $31,000. BTG Pactual Asset Management US LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares in the last quarter. Woodside Wealth Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $33,000. Finally, Richardson Capital Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at about $33,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 0.2%

Shares of NYSEARCA EEM opened at $64.97 on Tuesday. The stock has a market cap of $28.77 billion, a PE ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 12-month low of $45.23 and a 12-month high of $68.15. The company has a 50-day moving average of $60.80 and a 200 day moving average of $58.30.

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.