iShares MSCI Emerging Markets ETF $EEM Stock Holdings Trimmed by Independence Wealth Advisors LLC

Independence Wealth Advisors LLC lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 60.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,093 shares of the exchange traded fund’s stock after selling 47,181 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 0.9% of Independence Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. Independence Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,766,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after purchasing an additional 1,940 shares during the last quarter. AQR Capital Management LLC increased its stake in iShares MSCI Emerging Markets ETF by 13.3% during the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after purchasing an additional 9,437 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at $3,957,000. Gamco Investors INC. ET AL acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $462,000. Finally, Quantinno Capital Management LP raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% during the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock worth $2,117,000 after purchasing an additional 1,320 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $67.25 on Thursday. The firm’s 50-day moving average is $66.33 and its 200-day moving average is $60.82. iShares MSCI Emerging Markets ETF has a 1 year low of $47.82 and a 1 year high of $71.57. The company has a market cap of $29.78 billion, a P/E ratio of 14.46 and a beta of 0.73.

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). 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.