Ramsay Stattman Vela & Price Inc. Trims Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Ramsay Stattman Vela & Price Inc. lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,161 shares of the exchange traded fund’s stock after selling 1,410 shares during the period. Ramsay Stattman Vela & Price Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,220,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Covenant Partners LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 790 shares in the last quarter. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $37,000. Creative Capital Management Investments LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at $38,000. Atmos Advisory LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $40,000. Finally, CarsonAllaria Wealth Management Ltd. raised its position in iShares MSCI Emerging Markets ETF by 40.0% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 349 shares during the period. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $44.41 on Tuesday. 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 fifty day moving average price of $42.67 and a 200-day moving average price of $43.50.

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).