Corient Private Wealth LLC Sells 118,182 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Corient Private Wealth LLC reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 764,353 shares of the exchange traded fund’s stock after selling 118,182 shares during the period. Corient Private Wealth LLC owned 0.21% of iShares MSCI Emerging Markets ETF worth $31,965,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. DRW Securities LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $105,980,000. Raymond James Financial Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $67,244,000. Erste Asset Management GmbH purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $29,856,000. Finally, Flow Traders U.S. LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $17,112,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.7 %

Shares of iShares MSCI Emerging Markets ETF stock opened at $45.34 on Tuesday. The company has a market capitalization of $17.18 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. The stock’s 50-day simple moving average is $43.25 and its 200-day simple moving average is $43.74. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week 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).