iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Solstein Capital LLC

Solstein Capital LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,778 shares of the exchange traded fund’s stock after selling 6,510 shares during the period. iShares MSCI Emerging Markets ETF comprises about 1.3% of Solstein Capital LLC’s holdings, making the stock its 18th largest position. Solstein Capital LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,374,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. GM Advisory Group LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. GM Advisory Group LLC now owns 26,471 shares of the exchange traded fund’s stock worth $1,107,000 after acquiring an additional 448 shares during the last quarter. QRG Capital Management Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth $205,000. Jones Financial Companies Lllp lifted its stake in shares of iShares MSCI Emerging Markets ETF by 70.3% in the fourth quarter. Jones Financial Companies Lllp now owns 12,265 shares of the exchange traded fund’s stock worth $513,000 after acquiring an additional 5,063 shares in the last quarter. Carret Asset Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 4.2% during the 4th quarter. Carret Asset Management LLC now owns 21,068 shares of the exchange traded fund’s stock valued at $881,000 after buying an additional 857 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 25.0% during the 4th quarter. Victory Capital Management Inc. now owns 472,612 shares of the exchange traded fund’s stock valued at $19,765,000 after acquiring an additional 94,633 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $42.97 on Friday. The firm has a fifty day moving average price of $43.89 and a two-hundred day moving average price of $43.88. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44. The firm has a market cap of $16.34 billion, a price-to-earnings ratio of 14.53 and a beta of 0.63.

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).