iShares MSCI Emerging Markets ETF $EEM Shares Sold by Lido Advisors LLC

Lido Advisors LLC reduced its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 207,506 shares of the exchange traded fund’s stock after selling 16,135 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $11,784,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. MidAtlantic Capital Management Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth about $25,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter worth about $27,000. 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 valued at $30,000 after buying an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $31,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.6%

Shares of EEM stock opened at $64.60 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $47.98 and a 52-week high of $71.57. The stock has a market cap of $29.04 billion, a PE ratio of 14.46 and a beta of 0.72. The business has a 50-day simple moving average of $66.91 and a 200-day simple moving average of $62.52.

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.