Guidance Capital Inc. Has $1.21 Million Position in iShares MSCI Emerging Markets ETF $EEM

Guidance Capital Inc. reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 65.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,553 shares of the exchange traded fund’s stock after selling 38,434 shares during the quarter. Guidance Capital Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,206,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc lifted its stake in iShares MSCI Emerging Markets ETF by 369.7% in the third quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 366 shares during the last quarter. BTG Pactual Asset Management US LLC lifted its stake in iShares MSCI Emerging Markets ETF by 101.3% in the third quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares during the last quarter. Richardson Capital Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $33,000. Heartwood Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $37,000. Finally, Accredited Wealth Management LLC lifted its stake in iShares MSCI Emerging Markets ETF by 42.7% in the third 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. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 1.9%

NYSEARCA EEM opened at $62.24 on Wednesday. The stock has a market capitalization of $27.56 billion, a PE ratio of 14.46 and a beta of 0.66. The company has a 50 day moving average price of $59.12 and a two-hundred day moving average price of $56.67. iShares MSCI Emerging Markets ETF has a 12-month low of $41.43 and a 12-month high of $65.96.

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.