Allspring Global Investments Holdings LLC Decreases Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Allspring Global Investments Holdings LLC lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 76.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 116,429 shares of the exchange traded fund’s stock after selling 387,864 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,682,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of EEM. Balentine LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $28,000. Anchor Investment Management LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $31,000. Pacific Center for Financial Services purchased a new position in iShares MSCI Emerging Markets ETF during the 1st quarter valued at about $31,000. FNY Investment Advisers LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $40,000. Finally, Pin Oak Investment Advisors Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 49.0% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 1,073 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 353 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $39.71 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $42.00. The stock’s 50-day moving average is $40.62 and its 200 day moving average is $39.40.

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).