Stevens Capital Management LP trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 54.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 198,300 shares of the exchange traded fund’s stock after selling 237,300 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 2.0% of Stevens Capital Management LP’s portfolio, making the stock its 9th biggest holding. Stevens Capital Management LP’s holdings in iShares MSCI Emerging Markets ETF were worth $7,974,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Anchor Investment Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $31,000. Cetera Trust Company N.A acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $32,000. FNY Investment Advisers LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $40,000. Wetzel Investment Advisors Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $48,000. Finally, GAMMA Investing LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $48,000. 81.39% of the stock is owned by institutional investors.
iShares MSCI Emerging Markets ETF Price Performance
Shares of EEM traded up $0.47 on Friday, hitting $41.17. The company’s stock had a trading volume of 24,281,359 shares, compared to its average volume of 28,861,344. The firm’s fifty day moving average price is $40.69 and its 200-day moving average price is $39.49. iShares MSCI Emerging Markets ETF has a fifty-two week low of $36.38 and a fifty-two week high of $42.00.
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).
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