Ramiah Investment Group Trims Holdings in iShares MSCI Emerging Markets ETF $EEM

Ramiah Investment Group trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 81.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,803 shares of the exchange traded fund’s stock after selling 46,589 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for about 0.6% of Ramiah Investment Group’s holdings, making the stock its 21st largest position. Ramiah Investment Group’s holdings in iShares MSCI Emerging Markets ETF were worth $614,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in EEM. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Merkkuri Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $27,000. BTG Pactual Asset Management US LLC grew its stake in iShares MSCI Emerging Markets ETF by 101.3% during the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares in the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $31,000. 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 $67.19 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $47.90 and a 1 year high of $71.57. The stock has a market capitalization of $29.75 billion, a PE ratio of 14.46 and a beta of 0.73. The company’s 50 day simple moving average is $66.54 and its two-hundred day simple moving average is $60.95.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.