iShares MSCI Emerging Markets ETF $EEM Shares Sold by Mill Creek Capital Advisors LLC

Mill Creek Capital Advisors LLC reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,154 shares of the exchange traded fund’s stock after selling 10,047 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $8,434,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EEM. Clal Insurance Enterprises Holdings Ltd acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $407,231,000. National Bank of Canada FI raised its stake in iShares MSCI Emerging Markets ETF by 21,534.1% during the 3rd quarter. National Bank of Canada FI now owns 1,979,092 shares of the exchange traded fund’s stock worth $105,689,000 after acquiring an additional 1,969,944 shares in the last quarter. Duquesne Family Office LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $101,460,000. MKP Capital Management L.L.C. acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $90,983,000. Finally, SPX Gestao de Recursos Ltda raised its stake in iShares MSCI Emerging Markets ETF by 1,133.3% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 1,480,000 shares of the exchange traded fund’s stock worth $79,032,000 after acquiring an additional 1,360,000 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA EEM opened at $67.88 on Monday. The firm has a market cap of $30.06 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a one year low of $46.15 and a one year high of $70.86. The firm’s fifty day moving average is $64.64 and its two-hundred day moving average is $59.97.

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.