Embree Financial Group Sells 6,542 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Embree Financial Group trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 29.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,425 shares of the exchange traded fund’s stock after selling 6,542 shares during the quarter. Embree Financial Group’s holdings in iShares MSCI Emerging Markets ETF were worth $645,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. American Century Companies Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $527,000. AQR Capital Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 75.4% in the second quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock valued at $1,363,000 after purchasing an additional 13,761 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in shares of iShares MSCI Emerging Markets ETF by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock valued at $63,829,000 after purchasing an additional 6,995 shares during the last quarter. Smith Thornton Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter worth approximately $209,000. Finally, Newport Capital Group LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $1,067,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

EEM opened at $42.95 on Friday. The business has a fifty day simple moving average of $42.74 and a 200 day simple moving average of $43.50. iShares MSCI Emerging Markets ETF has a 1 year low of $38.26 and a 1 year high of $47.44.

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).