Confluence Wealth Services Inc. Has $5.45 Million Holdings in iShares MSCI Emerging Markets ETF $EEM

Confluence Wealth Services Inc. lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 99,653 shares of the exchange traded fund’s stock after selling 11,503 shares during the quarter. Confluence Wealth Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $5,452,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc boosted its holdings in shares of 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 buying an additional 366 shares during the period. BTG Pactual Asset Management US LLC boosted its holdings in shares of 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 buying an additional 46,071 shares during the period. Elevated Capital Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. Richardson Capital Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $33,000. Finally, Accredited Wealth Management LLC boosted its holdings in shares of 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 buying an additional 206 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 1.8%

iShares MSCI Emerging Markets ETF stock opened at $63.38 on Thursday. The stock has a market capitalization of $28.06 billion, a PE ratio of 14.46 and a beta of 0.66. iShares MSCI Emerging Markets ETF has a twelve month low of $42.98 and a twelve month high of $65.96. The company has a 50 day moving average of $59.46 and a 200-day moving average of $57.03.

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.