Stratos Wealth Partners LTD. trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 2.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,447 shares of the exchange traded fund’s stock after selling 637 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,025,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Elequin Capital LP bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $28,000. Navigoe LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $30,000. Golden State Wealth Management LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 352 shares in the last quarter. Copia Wealth Management bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth about $33,000. Finally, Dunhill Financial LLC raised its stake in iShares MSCI Emerging Markets ETF by 589.6% in the 1st quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 796 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Emerging Markets ETF Stock Down 0.3%
NYSEARCA EEM opened at $48.26 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $48.80. The firm has a 50-day moving average price of $46.85 and a two-hundred day moving average price of $44.33. The company has a market capitalization of $18.35 billion, a P/E ratio of 14.46 and a beta of 0.74.
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).
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