Mariner LLC Decreases Holdings in iShares MSCI Emerging Markets ETF $EEM

Mariner LLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 36.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,483,466 shares of the exchange traded fund’s stock after selling 841,148 shares during the quarter. Mariner LLC owned 0.33% of iShares MSCI Emerging Markets ETF worth $81,161,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Hazlett Burt & Watson Inc. raised its position in shares of iShares MSCI Emerging Markets ETF by 5.3% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock valued at $184,000 after buying an additional 169 shares in the last quarter. Nicolet Advisory Services LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 2.9% during the 4th quarter. Nicolet Advisory Services LLC now owns 6,516 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 184 shares in the last quarter. Vivaldi Capital Management LP raised its position in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Vivaldi Capital Management LP now owns 11,128 shares of the exchange traded fund’s stock valued at $609,000 after buying an additional 186 shares in the last quarter. Fort Point Capital Partners LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 0.5% during the 4th quarter. Fort Point Capital Partners LLC now owns 41,671 shares of the exchange traded fund’s stock valued at $2,421,000 after buying an additional 189 shares in the last quarter. Finally, Resonant Capital Advisors LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.4% during the 4th quarter. Resonant Capital Advisors LLC now owns 14,036 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 195 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 2.8%

Shares of NYSEARCA EEM opened at $69.75 on Tuesday. The firm’s 50-day moving average price is $64.90 and its 200-day moving average price is $60.08. The stock has a market capitalization of $30.89 billion, a price-to-earnings 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.

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.