Tiemann Investment Advisors LLC Decreases Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Tiemann Investment Advisors LLC reduced its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 15.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,890 shares of the exchange traded fund’s stock after selling 6,091 shares during the quarter. Tiemann Investment Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,417,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. DRW Securities LLC raised its stake in shares of 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 worth $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth about $105,980,000. Raymond James Financial Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $67,244,000. Erste Asset Management GmbH purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $29,856,000. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $17,112,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.5 %

Shares of EEM stock opened at $44.42 on Monday. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The company has a 50 day moving average of $42.99 and a 200-day moving average of $43.71. The firm has a market cap of $16.45 billion, a P/E ratio of 14.53 and a beta of 0.70.

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).