iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stock Holdings Decreased by Portland Global Advisors LLC

Portland Global Advisors LLC lessened its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 184,422 shares of the exchange traded fund’s stock after selling 19,458 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 1.0% of Portland Global Advisors LLC’s holdings, making the stock its 29th biggest holding. Portland Global Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,713,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Pillar Financial Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $28,000. Compass Planning Associates Inc acquired a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth about $36,000. Creative Capital Management Investments LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $38,000. Atmos Advisory LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $40,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $43.77 on Friday. The company has a market capitalization of $16.58 billion, a PE ratio of 14.88 and a beta of 0.72. The company’s 50 day moving average price is $43.80 and its 200 day moving average price is $43.86. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44.

iShares MSCI Emerging Markets ETF Company 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).