Lyell Wealth Management LP Lowers Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Lyell Wealth Management LP cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,186 shares of the exchange traded fund’s stock after selling 4,645 shares during the period. Lyell Wealth Management LP’s holdings in iShares MSCI Emerging Markets ETF were worth $1,221,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of EEM. Covenant Partners LLC boosted its position in shares of 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 during the last quarter. Teachers Insurance & Annuity Association of America acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth approximately $37,000. Creative Capital Management Investments LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $38,000. Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $40,000. Finally, CarsonAllaria Wealth Management Ltd. boosted its position in shares of 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 last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $44.69 on Wednesday. The company’s 50 day simple moving average is $42.67 and its 200 day simple moving average is $43.54. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44.

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).