iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 46.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,202 shares of the exchange traded fund’s stock after selling 5,346 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $259,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. DRW Securities LLC boosted its stake in iShares MSCI Emerging Markets ETF by 603.8% during the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $105,980,000. Raymond James Financial Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $67,244,000. Erste Asset Management GmbH acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $29,856,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $17,112,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.5 %

iShares MSCI Emerging Markets ETF stock opened at $43.96 on Thursday. The firm has a 50-day moving average price of $43.10 and a two-hundred day moving average price of $43.71. The firm has a market capitalization of $16.28 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a 52-week low of $39.39 and a 52-week high of $47.44.

iShares MSCI Emerging Markets ETF Company 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).