Focus Partners Advisor Solutions LLC Cuts Stake in iShares MSCI Emerging Markets ETF $EEM

Focus Partners Advisor Solutions LLC decreased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 12.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 111,785 shares of the exchange traded fund’s stock after selling 15,804 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,116,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd purchased a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $407,231,000. LPL Financial LLC boosted its position in iShares MSCI Emerging Markets ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after buying an additional 196,473 shares during the period. Mariner LLC boosted its position in iShares MSCI Emerging Markets ETF by 23.8% during the 3rd quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after buying an additional 447,010 shares during the period. Raymond James Financial Inc. boosted its position in iShares MSCI Emerging Markets ETF by 18.3% during the 2nd quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock valued at $98,019,000 after buying an additional 313,978 shares during the period. Finally, National Bank of Canada FI boosted its position in iShares MSCI Emerging Markets ETF by 21,534.1% during the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock valued at $105,689,000 after buying an additional 1,969,944 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.8%

Shares of EEM opened at $65.75 on Tuesday. The stock has a market capitalization of $29.11 billion, a P/E ratio of 14.46 and a beta of 0.73. The firm has a fifty day simple moving average of $63.80 and a two-hundred day simple moving average of $59.60. iShares MSCI Emerging Markets ETF has a twelve month low of $46.15 and a twelve month high of $70.86.

iShares MSCI Emerging Markets ETF Company Profile

(Free Report)

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.

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