J.W. Cole Advisors Inc. Trims Position in iShares MSCI Emerging Markets ETF $EEM

J.W. Cole Advisors Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 15.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 128,319 shares of the exchange traded fund’s stock after selling 23,465 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $7,020,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Brighton Jones LLC raised its holdings in iShares MSCI Emerging Markets ETF by 1.7% in the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after buying an additional 1,940 shares during the period. AQR Capital Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 13.3% in the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $3,957,000. Gamco Investors INC. ET AL purchased a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $462,000. Finally, Quantinno Capital Management LP raised its holdings in iShares MSCI Emerging Markets ETF by 3.1% in the 2nd quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after buying an additional 1,320 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 6.5%

Shares of EEM opened at $64.59 on Friday. The firm has a market cap of $28.60 billion, a P/E ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 12-month low of $46.15 and a 12-month high of $70.86. The company’s 50-day moving average price is $63.60 and its 200 day moving average price is $59.48.

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). 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.