iShares MSCI Emerging Markets ETF $EEM Position Trimmed by Integrated Advisors Network LLC

Integrated Advisors Network LLC lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 79.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 13,014 shares of the exchange traded fund’s stock after selling 50,453 shares during the period. Integrated Advisors Network LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $739,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of EEM. Founders Financial Securities LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 0.3% during the first quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock worth $3,148,000 after acquiring an additional 163 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its position in iShares MSCI Emerging Markets ETF by 5.3% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after acquiring an additional 169 shares in the last quarter. Cim LLC boosted its stake in iShares MSCI Emerging Markets ETF by 3.0% in the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 182 shares during the period. Nicolet Advisory Services LLC boosted its stake in iShares MSCI Emerging Markets ETF by 2.9% in the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock worth $378,000 after purchasing an additional 184 shares during the period. Finally, Vivaldi Capital Management LP increased its holdings in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock worth $609,000 after purchasing an additional 186 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.8%

EEM stock opened at $66.78 on Friday. The stock has a 50-day moving average price of $67.19 and a two-hundred day moving average price of $61.81. iShares MSCI Emerging Markets ETF has a 1 year low of $47.98 and a 1 year high of $71.57. The stock has a market cap of $29.57 billion, a PE ratio of 14.46 and a beta of 0.72.

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.