AMI Investment Management Inc. Lowers Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

AMI Investment Management Inc. reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,735 shares of the exchange traded fund’s stock after selling 493 shares during the period. AMI Investment Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $359,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Anchor Investment Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $31,000. Cetera Trust Company N.A purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $32,000. Eagle Bay Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF by 430.9% during the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 655 shares in the last quarter. DiNuzzo Private Wealth Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $34,000. Finally, FNY Investment Advisers LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $40,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock traded up $0.08 during trading hours on Friday, reaching $42.59. The company had a trading volume of 22,614,494 shares, compared to its average volume of 28,306,182. The stock’s fifty day simple moving average is $42.33 and its 200 day simple moving average is $40.80. iShares MSCI Emerging Markets ETF has a twelve month low of $36.38 and a twelve month high of $43.87.

iShares MSCI Emerging Markets ETF 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).