Foster & Motley Inc. Trims Holdings in iShares MSCI Emerging Markets ETF $EEM

Foster & Motley Inc. decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 60.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,572 shares of the exchange traded fund’s stock after selling 25,178 shares during the quarter. Foster & Motley Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $907,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Gries Financial LLC raised its position in iShares MSCI Emerging Markets ETF by 1.3% during the 3rd quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock worth $782,000 after buying an additional 187 shares during the last quarter. Brown Lisle Cummings Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 11.7% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock valued at $103,000 after acquiring an additional 201 shares during the period. Accredited Wealth Management LLC boosted its holdings in shares of 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 valued at $37,000 after acquiring an additional 206 shares during the last quarter. United Capital Financial Advisors LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 0.4% in the 3rd quarter. United Capital Financial Advisors LLC now owns 58,727 shares of the exchange traded fund’s stock valued at $3,136,000 after acquiring an additional 213 shares during the last quarter. Finally, Promus Capital LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 0.3% in the third 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 Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $57.23 on Thursday. The stock has a market cap of $26.09 billion, a PE ratio of 14.46 and a beta of 0.64. The firm has a fifty day moving average price of $59.20 and a 200 day moving average price of $56.26. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year 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.