iShares MSCI Emerging Markets ETF $EEM Shares Sold by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC decreased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,927,919 shares of the exchange traded fund’s stock after selling 26,406 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 2.4% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Cassaday & Co Wealth Management LLC owned approximately 0.51% of iShares MSCI Emerging Markets ETF worth $102,951,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in EEM. Versant Capital Management Inc grew its holdings in iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 366 shares during the last quarter. Richardson Capital Management LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $33,000. Traub Capital Management LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $34,000. Heartwood Wealth Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $37,000. Finally, LFA Lugano Financial Advisors SA bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at $40,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $61.12 on Tuesday. The stock has a market capitalization of $27.86 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $61.90. The stock has a fifty day moving average of $57.19 and a 200-day moving average of $54.34.

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). 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.