iShares MSCI Emerging Markets ETF $EEM Holdings Lowered by Waverly Advisors LLC

Waverly Advisors LLC cut its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 239,228 shares of the exchange traded fund’s stock after selling 20,408 shares during the period. Waverly Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $16,366,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $25,000. Merkkuri Wealth Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the first quarter valued at approximately $27,000. BTG Pactual Asset Management US LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 46,071 shares in the last quarter. Finally, MidFirst Bank bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $31,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.2%

Shares of iShares MSCI Emerging Markets ETF stock opened at $68.83 on Wednesday. The stock has a 50 day moving average price of $65.81 and a two-hundred day moving average price of $64.13. iShares MSCI Emerging Markets ETF has a 12-month low of $51.10 and a 12-month high of $71.57. The stock has a market capitalization of $30.94 billion, a P/E ratio of 14.46 and a beta of 0.74.

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.