CIBC Private Wealth Group LLC Sells 19,057 Shares of iShares MSCI Emerging Markets ETF $EEM

CIBC Private Wealth Group LLC lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 565,456 shares of the exchange traded fund’s stock after selling 19,057 shares during the period. CIBC Private Wealth Group LLC owned 0.15% of iShares MSCI Emerging Markets ETF worth $30,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc grew its position in shares of iShares MSCI Emerging Markets ETF by 369.7% in the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 366 shares during the last quarter. BTG Pactual Asset Management US LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 46,071 shares in the last quarter. Richardson Capital Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $33,000. Accredited Wealth Management LLC boosted 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 in the last quarter. Finally, Heartwood Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $37,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.1%

Shares of EEM opened at $57.62 on Friday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $65.96. The stock has a fifty day moving average price of $59.47 and a 200-day moving average price of $55.88. The firm has a market cap of $26.27 billion, a PE ratio of 14.46 and a beta of 0.64.

About iShares MSCI Emerging Markets ETF

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.