Sage Rhino Capital LLC Has $268,000 Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sage Rhino Capital LLC lowered its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,288 shares of the exchange traded fund’s stock after selling 949 shares during the quarter. Sage Rhino Capital LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $268,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Federated Hermes Inc. bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $353,000. GAMMA Investing LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $48,000. DDFG Inc acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $203,000. Kestra Private Wealth Services LLC increased its holdings in iShares MSCI Emerging Markets ETF by 11.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 25,775 shares of the exchange traded fund’s stock valued at $1,036,000 after purchasing an additional 2,698 shares during the last quarter. Finally, Certuity LLC lifted its stake in iShares MSCI Emerging Markets ETF by 44.3% in the fourth quarter. Certuity LLC now owns 24,349 shares of the exchange traded fund’s stock valued at $979,000 after buying an additional 7,473 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock traded up $0.09 on Friday, reaching $43.37. The company had a trading volume of 29,450,428 shares, compared to its average volume of 27,745,404. The company has a 50-day moving average of $42.88 and a 200-day moving average of $41.92. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $44.64.

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).