Private Wealth Advisors LLC Trims Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Private Wealth Advisors LLC lowered its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 18.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,323 shares of the exchange traded fund’s stock after selling 2,393 shares during the quarter. Private Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $441,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EEM. OLD Mission Capital LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at approximately $880,516,000. TD Asset Management Inc raised its holdings in iShares MSCI Emerging Markets ETF by 657.0% during the fourth 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 in the last quarter. Jane Street Group LLC lifted its position in iShares MSCI Emerging Markets ETF by 15.2% in the first quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock valued at $1,017,805,000 after purchasing an additional 3,270,493 shares during the period. Nisa Investment Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $74,532,000. Finally, DRW Securities LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $64,675,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.2 %

Shares of EEM traded down $0.54 during mid-day trading on Thursday, hitting $43.12. The company’s stock had a trading volume of 22,515,023 shares, compared to its average volume of 28,025,531. iShares MSCI Emerging Markets ETF has a 1-year low of $36.38 and a 1-year high of $44.64. The firm has a 50-day simple moving average of $42.78 and a 200 day simple moving average of $41.77.

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).