Cibc World Market Inc. Lowers Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Cibc World Market Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 425,604 shares of the exchange traded fund’s stock after selling 21,697 shares during the quarter. Cibc World Market Inc. owned about 0.11% of iShares MSCI Emerging Markets ETF worth $22,727,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caprock Group LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $484,000. Endowment Wealth Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 12.3% in the third quarter. Endowment Wealth Management Inc. now owns 41,655 shares of the exchange traded fund’s stock valued at $2,224,000 after acquiring an additional 4,571 shares in the last quarter. Stratos Wealth Partners LTD. increased its stake in shares of iShares MSCI Emerging Markets ETF by 621.6% during the third quarter. Stratos Wealth Partners LTD. now owns 210,553 shares of the exchange traded fund’s stock worth $11,244,000 after acquiring an additional 181,375 shares during the period. Stratos Wealth Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 1.9% during the third quarter. Stratos Wealth Advisors LLC now owns 21,790 shares of the exchange traded fund’s stock worth $1,164,000 after purchasing an additional 400 shares in the last quarter. Finally, Midwest Trust Co lifted its position in iShares MSCI Emerging Markets ETF by 26.0% in the third quarter. Midwest Trust Co now owns 97,492 shares of the exchange traded fund’s stock valued at $5,206,000 after purchasing an additional 20,142 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.6%

Shares of EEM opened at $61.56 on Thursday. The stock’s 50 day moving average is $56.81 and its two-hundred day moving average is $54.05. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $61.63. The firm has a market capitalization of $28.06 billion, a PE ratio of 14.46 and a beta of 0.64.

About iShares MSCI Emerging Markets ETF

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.