JSF Financial LLC Trims Stake in iShares MSCI Emerging Markets ETF $EEM

JSF Financial LLC lowered its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 21.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,286 shares of the exchange traded fund’s stock after selling 10,722 shares during the period. JSF Financial LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,044,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Pandora Wealth Inc. grew its holdings in shares of iShares MSCI Emerging Markets ETF by 15.4% in the second quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock worth $465,000 after purchasing an additional 1,290 shares during the last quarter. Clarity Wealth Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 12.0% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 174,748 shares of the exchange traded fund’s stock valued at $9,332,000 after buying an additional 18,658 shares during the period. Endowment Wealth Management Inc. grew its holdings in iShares MSCI Emerging Markets ETF by 24.7% in the 2nd quarter. Endowment Wealth Management Inc. now owns 37,084 shares of the exchange traded fund’s stock worth $1,789,000 after acquiring an additional 7,352 shares during the last quarter. Allianz SE increased its position in shares of iShares MSCI Emerging Markets ETF by 2.9% in the second quarter. Allianz SE now owns 374,750 shares of the exchange traded fund’s stock valued at $18,078,000 after acquiring an additional 10,656 shares during the period. Finally, Allium Financial Advisors LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 108.0% during the second quarter. Allium Financial Advisors LLC now owns 82,068 shares of the exchange traded fund’s stock valued at $3,959,000 after acquiring an additional 42,613 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.7%

iShares MSCI Emerging Markets ETF stock opened at $60.75 on Thursday. The firm has a market cap of $26.00 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $60.87. The firm has a 50-day moving average of $55.63 and a 200-day moving average of $53.30.

iShares MSCI Emerging Markets ETF 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). 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.