CHURCHILL MANAGEMENT Corp Sells 2,514 Shares of iShares MSCI Emerging Markets ETF $EEM

CHURCHILL MANAGEMENT Corp lowered its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 289,155 shares of the exchange traded fund’s stock after selling 2,514 shares during the quarter. CHURCHILL MANAGEMENT Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $13,949,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1,097.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock worth $1,303,523,000 after purchasing an additional 32,819,730 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares MSCI Emerging Markets ETF by 45.2% during the 1st quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock valued at $471,374,000 after acquiring an additional 3,359,853 shares during the period. TD Asset Management Inc lifted its position in shares of iShares MSCI Emerging Markets ETF by 13.0% during the first quarter. TD Asset Management Inc now owns 4,999,304 shares of the exchange traded fund’s stock worth $218,470,000 after acquiring an additional 575,932 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 1.3% in the first quarter. Envestnet Asset Management Inc. now owns 2,290,688 shares of the exchange traded fund’s stock worth $100,103,000 after acquiring an additional 28,793 shares during the period. Finally, Hirtle Callaghan & Co LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 5.6% in the first quarter. Hirtle Callaghan & Co LLC now owns 1,881,523 shares of the exchange traded fund’s stock valued at $82,223,000 after purchasing an additional 100,615 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $53.82 on Thursday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $53.85. The stock’s 50-day simple moving average is $50.75 and its 200 day simple moving average is $47.31. The stock has a market capitalization of $20.47 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

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).