Smith Moore & CO. Sells 847 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Smith Moore & CO. decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,147 shares of the exchange traded fund’s stock after selling 847 shares during the quarter. Smith Moore & CO.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,553,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of EEM. GM Advisory Group LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock worth $1,107,000 after buying an additional 448 shares during the last quarter. QRG Capital Management Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $205,000. Jones Financial Companies Lllp boosted its stake in shares of iShares MSCI Emerging Markets ETF by 70.3% in the 4th quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock valued at $513,000 after purchasing an additional 5,063 shares in the last quarter. Carret Asset Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 4.2% during the 4th quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock valued at $881,000 after purchasing an additional 857 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in iShares MSCI Emerging Markets ETF by 25.0% during the 4th quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock worth $19,765,000 after purchasing an additional 94,633 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $40.58 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The stock has a market cap of $15.43 billion, a PE ratio of 14.53 and a beta of 0.63. The firm’s fifty day moving average price is $43.84 and its two-hundred day moving average price is $43.86.

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).