Allspring Global Investments Holdings LLC Sells 24,691 Shares of iShares MSCI Emerging Markets ETF $EEM

Allspring Global Investments Holdings LLC decreased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 94.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,372 shares of the exchange traded fund’s stock after selling 24,691 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $77,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after acquiring an additional 1,940 shares during the period. AQR Capital Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 9,437 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $3,957,000. Gamco Investors INC. ET AL acquired a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $462,000. Finally, Quantinno Capital Management LP boosted its position in iShares MSCI Emerging Markets ETF by 3.1% in the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after buying an additional 1,320 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.8%

NYSEARCA:EEM opened at $61.07 on Tuesday. The firm has a market cap of $27.04 billion, a PE ratio of 14.46 and a beta of 0.66. iShares MSCI Emerging Markets ETF has a 12 month low of $41.43 and a 12 month high of $65.96. The company’s 50-day moving average price is $59.07 and its two-hundred day moving average price is $56.60.

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.