Roman Butler Fullerton & Co. Lowers Position in iShares MSCI Emerging Markets ETF $EEM

Roman Butler Fullerton & Co. decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 78.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,757 shares of the exchange traded fund’s stock after selling 41,742 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $711,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $25,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the first quarter valued at $27,000. Jessup Wealth Management Inc purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $31,000. Finally, Elevated Capital Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $31,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $66.78 on Friday. The firm has a 50-day simple moving average of $67.19 and a two-hundred day simple moving average of $61.81. iShares MSCI Emerging Markets ETF has a fifty-two week low of $47.98 and a fifty-two week high of $71.57. The company has a market cap of $29.57 billion, a P/E ratio of 14.46 and a beta of 0.72.

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). 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.