Flputnam Investment Management Co. Has $295,000 Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Flputnam Investment Management Co. lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.8% during the fourth quarter, Holdings Channel reports. The fund owned 7,065 shares of the exchange traded fund’s stock after selling 947 shares during the period. Flputnam Investment Management Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $295,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in EEM. Delap Wealth Advisory LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.2% during the fourth quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after acquiring an additional 257 shares during the period. Rockland Trust Co. lifted its holdings in iShares MSCI Emerging Markets ETF by 0.8% during the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after purchasing an additional 260 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in iShares MSCI Emerging Markets ETF by 13.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock valued at $93,000 after purchasing an additional 272 shares during the period. Sax Wealth Advisors LLC grew its holdings in iShares MSCI Emerging Markets ETF by 3.1% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 276 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc grew its holdings in iShares MSCI Emerging Markets ETF by 1.2% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock valued at $1,123,000 after buying an additional 279 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $42.83 on Tuesday. The stock has a fifty day moving average of $42.87 and a 200-day moving average of $43.69. The company has a market capitalization of $15.86 billion, a P/E ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two 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).