Highland Capital Management LLC Reduces Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Highland Capital Management LLC cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 31,789 shares of the exchange traded fund’s stock after selling 503 shares during the quarter. Highland Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,458,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of EEM. Jane Street Group LLC raised its position in iShares MSCI Emerging Markets ETF by 15.2% during the first quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock valued at $1,017,805,000 after acquiring an additional 3,270,493 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth $880,516,000. Bank of Montreal Can grew its position in iShares MSCI Emerging Markets ETF by 91.1% during the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after buying an additional 3,382,010 shares during the period. LPL Financial LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.8% in the second quarter. LPL Financial LLC now owns 1,995,125 shares of the exchange traded fund’s stock worth $84,972,000 after acquiring an additional 35,297 shares during the period. Finally, Nisa Investment Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $74,532,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $45.12 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $36.40 and a twelve month high of $47.44. The business has a 50-day moving average price of $44.46 and a 200 day moving average price of $43.07.

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).