Raymond James & Associates lessened its stake in shares of Global X Emerging Markets ETF (NYSEARCA:EMM – Free Report) by 17.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,130 shares of the company’s stock after selling 2,581 shares during the quarter. Raymond James & Associates’ holdings in Global X Emerging Markets ETF were worth $317,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of EMM. Commonwealth Equity Services LLC bought a new position in Global X Emerging Markets ETF during the third quarter worth about $385,000. Raymond James Financial Services Advisors Inc. raised its position in shares of Global X Emerging Markets ETF by 1.4% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 132,909 shares of the company’s stock valued at $3,246,000 after buying an additional 1,882 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Global X Emerging Markets ETF by 12.4% in the third quarter. Private Advisor Group LLC now owns 178,478 shares of the company’s stock valued at $4,358,000 after buying an additional 19,650 shares in the last quarter.
Global X Emerging Markets ETF Price Performance
Shares of NYSEARCA:EMM opened at $26.72 on Monday. The business’s 50 day simple moving average is $26.95 and its 200 day simple moving average is $25.77. Global X Emerging Markets ETF has a 1 year low of $22.76 and a 1 year high of $28.00. The company has a market capitalization of $25.93 million, a P/E ratio of 21.33 and a beta of 0.95.
Global X Emerging Markets ETF Company Profile
The Global X Emerging Markets ETF (EMM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of emerging market companies of all sizes that are believed to be future leaders within their respective markets. EMM was launched on Sep 24, 2010 and is managed by Global X.
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Want to see what other hedge funds are holding EMM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Emerging Markets ETF (NYSEARCA:EMM – Free Report).
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