iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Efficient Advisors LLC

Efficient Advisors LLC cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,684 shares of the exchange traded fund’s stock after selling 2,379 shares during the period. Efficient Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,161,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. DRW Securities LLC increased its position in iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after buying an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda acquired a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at $105,980,000. LPL Financial LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 6.2% during the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock valued at $97,171,000 after purchasing an additional 123,741 shares during the period. Cassaday & Co Wealth Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1.5% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after purchasing an additional 27,779 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $67,244,000. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $44.42 on Friday. The firm has a market capitalization of $16.45 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The stock’s fifty day moving average is $42.99 and its 200-day moving average is $43.70.

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).