Ethos Financial Group LLC Sells 146,684 Shares of iShares MSCI Emerging Markets ETF $EEM

Ethos Financial Group LLC lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 70.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,525 shares of the exchange traded fund’s stock after selling 146,684 shares during the period. Ethos Financial Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,423,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in EEM. Founders Financial Securities LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 0.3% in the 1st quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock worth $3,148,000 after buying an additional 163 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in iShares MSCI Emerging Markets ETF by 5.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 3,388 shares of the exchange traded fund’s stock worth $184,000 after purchasing an additional 169 shares during the last quarter. Cim LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 3.0% during the 4th quarter. Cim LLC now owns 6,326 shares of the exchange traded fund’s stock valued at $346,000 after purchasing an additional 182 shares during the period. Nicolet Advisory Services LLC grew its stake 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 purchasing an additional 184 shares during the period. Finally, Vivaldi Capital Management LP increased 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 purchasing an additional 186 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.8%

Shares of NYSEARCA:EEM opened at $65.67 on Wednesday. The firm’s 50 day moving average price is $67.29 and its 200-day moving average price is $62.05. iShares MSCI Emerging Markets ETF has a twelve month low of $47.98 and a twelve month high of $71.57. The stock has a market capitalization of $29.08 billion, a PE ratio of 14.46 and a beta of 0.72.

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.