WealthCare Asset Management LLC Has $1.87 Million Holdings in iShares MSCI Emerging Markets ETF $EEM

WealthCare Asset Management LLC lessened its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 22.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,859 shares of the exchange traded fund’s stock after selling 9,622 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for approximately 2.0% of WealthCare Asset Management LLC’s investment portfolio, making the stock its 11th biggest holding. WealthCare Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,866,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in EEM. Hsbc Holdings PLC increased its stake in iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock valued at $360,596,000 after buying an additional 2,823,265 shares during the last quarter. National Bank of Canada FI lifted its position in iShares MSCI Emerging Markets ETF by 21,534.1% during the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after buying an additional 1,969,944 shares in the last quarter. Duquesne Family Office LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth about $101,460,000. MKP Capital Management L.L.C. bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $90,983,000. Finally, Board of Trustees of The Leland Stanford Junior University grew its holdings in shares of iShares MSCI Emerging Markets ETF by 25.8% in the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after acquiring an additional 915,248 shares in the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.2%

Shares of NYSEARCA:EEM traded up $0.12 during midday trading on Friday, reaching $66.90. The company had a trading volume of 18,686,703 shares, compared to its average volume of 37,151,805. The business’s 50 day moving average price is $67.27 and its 200 day moving average price is $61.84. The stock has a market cap of $29.62 billion, a PE ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 1-year low of $47.98 and a 1-year high of $71.57.

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.