Thrive Wealth Management LLC Has $487,000 Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Thrive Wealth Management LLC lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 21.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 11,858 shares of the exchange traded fund’s stock after selling 3,268 shares during the quarter. Thrive Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $487,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in EEM. TD Asset Management Inc lifted its position in shares of iShares MSCI Emerging Markets ETF by 657.0% during the 4th quarter. TD Asset Management Inc now owns 4,376,975 shares of the exchange traded fund’s stock worth $175,998,000 after purchasing an additional 3,798,757 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI Emerging Markets ETF by 21.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,597,437 shares of the exchange traded fund’s stock worth $144,653,000 after purchasing an additional 632,842 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 70.2% during the 4th quarter. SG Americas Securities LLC now owns 3,317,237 shares of the exchange traded fund’s stock worth $133,386,000 after purchasing an additional 1,368,272 shares during the last quarter. DRW Securities LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $64,675,000. Finally, Factory Mutual Insurance Co. lifted its position in shares of iShares MSCI Emerging Markets ETF by 67.5% during the 4th quarter. Factory Mutual Insurance Co. now owns 1,546,400 shares of the exchange traded fund’s stock worth $62,181,000 after purchasing an additional 623,000 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM traded up $0.23 during trading hours on Friday, hitting $42.74. 1,755,997 shares of the company’s stock were exchanged, compared to its average volume of 28,367,432. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $43.87. The company’s 50-day moving average price is $42.22 and its 200-day moving average price is $40.75.

About iShares MSCI Emerging Markets ETF

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).