Weil Company Inc. reduced its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 13.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 42,716 shares of the exchange traded fund’s stock after selling 6,372 shares during the period. Weil Company Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,061,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tompkins Financial Corp bought a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $26,000. Maseco LLP bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth $27,000. Hemington Wealth Management purchased a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth approximately $34,000. Gladwyn Financial Advisors Inc. acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $35,000. Finally, Curio Wealth LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $60,000. 81.39% of the stock is owned by institutional investors.
iShares MSCI Emerging Markets ETF Trading Up 1.8%
NYSEARCA EEM opened at $55.51 on Tuesday. The company has a market capitalization of $21.11 billion, a PE ratio of 14.46 and a beta of 0.64. The firm’s fifty day simple moving average is $53.53 and its 200-day simple moving average is $49.74. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $56.31.
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).
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Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report).
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