Banco Santander S.A. Decreases Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Banco Santander S.A. lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEMGet Rating) by 58.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 209,132 shares of the exchange traded fund’s stock after selling 300,182 shares during the quarter. Banco Santander S.A.’s holdings in iShares MSCI Emerging Markets ETF were worth $9,442,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Byrne Asset Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $25,000. KRS Capital Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $28,000. Aberdeen Wealth Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $28,000. Aspire Wealth Management Corp purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $31,000. Finally, Larson Financial Group LLC raised its position in iShares MSCI Emerging Markets ETF by 76.7% in the 4th quarter. Larson Financial Group LLC now owns 820 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 356 shares during the period. 69.37% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

iShares MSCI Emerging Markets ETF stock opened at $40.06 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.05 and a 1-year high of $53.58. The company’s 50-day moving average is $40.24 and its 200 day moving average is $43.27.

iShares MSCI Emerging Markets ETF Profile

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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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Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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