iShares MSCI Emerging Markets ETF $EEM Shares Sold by Aegis Wealth Management LLC

Aegis Wealth Management LLC trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 40.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,093 shares of the exchange traded fund’s stock after selling 3,500 shares during the quarter. Aegis Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $246,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of EEM. Goldman Sachs Group Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 1,097.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 29,828,908 shares of the exchange traded fund’s stock worth $1,303,523,000 after buying an additional 32,819,730 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI Emerging Markets ETF by 45.2% in the first quarter. JPMorgan Chase & Co. now owns 10,786,595 shares of the exchange traded fund’s stock worth $471,374,000 after acquiring an additional 3,359,853 shares during the period. USA Financial Formulas acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $67,857,000. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 1,731.4% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,485,008 shares of the exchange traded fund’s stock worth $64,541,000 after purchasing an additional 1,403,923 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter worth $48,800,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $54.55 on Monday. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $56.31. The firm has a market cap of $20.74 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64. The firm’s fifty day moving average is $53.42 and its two-hundred day moving average is $49.66.

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).