Litman Gregory Wealth Management LLC Sells 4,627 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Litman Gregory Wealth Management LLC trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 13.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,151 shares of the exchange traded fund’s stock after selling 4,627 shares during the period. Litman Gregory Wealth Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,219,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Covenant Partners LLC raised its holdings in 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 purchasing an additional 790 shares in the last quarter. Teachers Insurance & Annuity Association of America purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $37,000. Atmos Advisory LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $40,000. West Financial Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $65,000. Finally, Bristlecone Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $65,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 1.1 %

Shares of EEM stock opened at $42.72 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.26 and a 12-month high of $47.44. The business’s fifty day simple moving average is $42.66 and its 200-day simple moving average is $43.45.

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).