Modera Wealth Management LLC Has $3.87 Million Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Modera Wealth Management LLC decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,574 shares of the exchange traded fund’s stock after selling 654 shares during the period. Modera Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,871,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elequin Capital LP bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Navigoe LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $30,000. Golden State Wealth Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 352 shares during the last quarter. Copia Wealth Management bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $33,000. Finally, Dunhill Financial LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 589.6% in the first quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 796 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.7%

NYSEARCA:EEM opened at $48.84 on Thursday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $49.96. The firm has a 50 day moving average of $47.75 and a 200-day moving average of $44.96. The stock has a market capitalization of $18.57 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).