Hexagon Capital Partners LLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 4.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,042 shares of the exchange traded fund’s stock after selling 933 shares during the period. Hexagon Capital Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $832,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of EEM. Pillar Financial Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $28,000. Elequin Capital LP acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $28,000. Navigoe LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $30,000. Golden State Wealth Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 352 shares during the period. Finally, Copia Wealth Management acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $33,000. Institutional investors own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Stock Up 0.5%
NYSEARCA:EEM opened at $48.76 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $48.80. The firm has a market capitalization of $18.54 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The stock’s 50 day moving average price is $46.41 and its two-hundred day moving average price is $44.12.
About iShares MSCI Emerging Markets ETF
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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