Aspect Partners LLC Has $2.29 Million Position in iShares MSCI Emerging Markets ETF $EEM

Aspect Partners LLC lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,453 shares of the exchange traded fund’s stock after selling 3,993 shares during the period. iShares MSCI Emerging Markets ETF accounts for about 1.1% of Aspect Partners LLC’s portfolio, making the stock its 22nd biggest position. Aspect Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tompkins Financial Corp bought a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $26,000. Maseco LLP acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth about $27,000. Hemington Wealth Management acquired a new stake in iShares MSCI Emerging Markets ETF during the second quarter worth about $34,000. Gladwyn Financial Advisors Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $35,000. Finally, Financial Gravity Asset Management Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $44,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Down 0.7%

Shares of NYSEARCA:EEM opened at $54.71 on Friday. The firm has a 50 day moving average of $53.32 and a 200-day moving average of $49.48. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $56.31. The stock has a market capitalization of $20.80 billion, a PE ratio of 14.46 and a beta of 0.64.

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).