iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stake Trimmed by WealthBridge Investment Counsel Inc.

WealthBridge Investment Counsel Inc. lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 225,610 shares of the exchange traded fund’s stock after selling 1,100 shares during the quarter. iShares MSCI Emerging Markets ETF makes up 3.6% of WealthBridge Investment Counsel Inc.’s investment portfolio, making the stock its 7th largest holding. WealthBridge Investment Counsel Inc. owned about 0.06% of iShares MSCI Emerging Markets ETF worth $9,859,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Pillar Financial Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $28,000. Elequin Capital LP purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $28,000. Navigoe LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $30,000. Copia Wealth Management purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $33,000. Finally, Compass Planning Associates Inc purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $36,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $46.92 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $47.44. The stock’s 50-day moving average is $44.01 and its two-hundred day moving average is $43.55. The stock has a market cap of $17.67 billion, a PE ratio of 13.99 and a beta of 0.62.

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).