Chemistry Wealth Management LLC cut its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 10.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,529 shares of the exchange traded fund’s stock after selling 750 shares during the quarter. Chemistry Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $315,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Barings LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth about $24,806,000. US Financial Advisors LLC grew its position in iShares MSCI Emerging Markets ETF by 11.6% during the first quarter. US Financial Advisors LLC now owns 226,949 shares of the exchange traded fund’s stock worth $9,918,000 after buying an additional 23,542 shares in the last quarter. Geneos Wealth Management Inc. grew its position in iShares MSCI Emerging Markets ETF by 21.1% during the first quarter. Geneos Wealth Management Inc. now owns 136,579 shares of the exchange traded fund’s stock worth $5,969,000 after buying an additional 23,772 shares in the last quarter. Aegis Wealth Management LLC grew its position in iShares MSCI Emerging Markets ETF by 68.7% during the first quarter. Aegis Wealth Management LLC now owns 8,593 shares of the exchange traded fund’s stock worth $376,000 after buying an additional 3,500 shares in the last quarter. Finally, MMA Asset Management LLC grew its position in iShares MSCI Emerging Markets ETF by 6.4% during the first quarter. MMA Asset Management LLC now owns 105,759 shares of the exchange traded fund’s stock worth $4,622,000 after buying an additional 6,329 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Stock Down 0.1%
EEM stock opened at $52.26 on Monday. The company has a market cap of $19.87 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $52.35. The business’s 50-day simple moving average is $49.62 and its 200 day simple moving average is $46.51.
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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