iShares MSCI Emerging Markets ETF $EEM Shares Sold by Connective Portfolio Management LLC

Connective Portfolio Management LLC decreased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 30.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,125 shares of the exchange traded fund’s stock after selling 20,000 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 4.5% of Connective Portfolio Management LLC’s holdings, making the stock its 6th biggest position. Connective Portfolio Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,523,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Gries Financial LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 1.3% during the third quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 187 shares during the last quarter. Brown Lisle Cummings Inc. raised its stake in iShares MSCI Emerging Markets ETF by 11.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock worth $103,000 after acquiring an additional 201 shares during the last quarter. Accredited Wealth Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 42.7% in the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 206 shares during the last quarter. United Capital Financial Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF by 0.4% during the 3rd quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock worth $3,136,000 after acquiring an additional 213 shares during the period. Finally, Promus Capital LLC lifted its position in iShares MSCI Emerging Markets ETF by 0.3% during the 3rd quarter. Promus Capital LLC now owns 79,543 shares of the exchange traded fund’s stock worth $4,248,000 after acquiring an additional 215 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock opened at $57.42 on Thursday. The business’s 50-day simple moving average is $59.40 and its two-hundred day simple moving average is $56.11. The company has a market cap of $26.17 billion, a PE ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $65.96.

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). 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.