18,086 iShares MSCI Emerging Markets ETF $EEM Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 75.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 5,912 shares of the exchange traded fund’s stock after selling 18,086 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $395,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE increased its holdings in iShares MSCI Emerging Markets ETF by 22.8% during the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after acquiring an additional 6,929,284 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University raised its position in iShares MSCI Emerging Markets ETF by 102.7% during the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after acquiring an additional 4,577,226 shares during the last quarter. PNC Financial Services Group Inc. raised its position in iShares MSCI Emerging Markets ETF by 4.3% during the first quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after acquiring an additional 189,366 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares MSCI Emerging Markets ETF by 9.2% during the second quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock worth $185,008,000 after acquiring an additional 228,966 shares during the last quarter. Finally, ARGA Investment Management LP purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at about $147,155,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $62.04 on Thursday. The firm’s 50-day moving average is $65.09 and its two-hundred day moving average is $63.92. The company has a market capitalization of $28.76 billion, a PE ratio of 12.06 and a beta of 0.77. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57.

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.