iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Position Cut by Salomon & Ludwin LLC

Salomon & Ludwin LLC reduced its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 154,932 shares of the exchange traded fund’s stock after selling 6,007 shares during the quarter. Salomon & Ludwin LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,479,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Teachers Insurance & Annuity Association of America bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at about $37,000. Covenant Partners LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 790 shares in the last quarter. Atmos Advisory LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $40,000. CarsonAllaria Wealth Management Ltd. boosted its holdings 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 valued at $51,000 after acquiring an additional 349 shares in the last quarter. Finally, Bristlecone Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $65,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $44.41 on Friday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The stock’s 50 day moving average price is $42.66 and its 200 day moving average price is $43.47.

iShares MSCI Emerging Markets ETF 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).