iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Evoke Wealth LLC

Evoke Wealth LLC lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 15.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,080 shares of the exchange traded fund’s stock after selling 5,514 shares during the quarter. Evoke Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,258,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. DRW Securities LLC raised its holdings in iShares MSCI Emerging Markets ETF by 603.8% in the 3rd 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 acquired a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth about $105,980,000. LPL Financial LLC raised its holdings in iShares MSCI Emerging Markets ETF by 6.2% in the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after purchasing an additional 123,741 shares during the period. Cassaday & Co Wealth Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 1.5% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock worth $80,984,000 after purchasing an additional 27,779 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $67,244,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.5 %

NYSEARCA EEM opened at $45.11 on Wednesday. The stock has a market capitalization of $17.09 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The stock has a 50-day moving average of $43.31 and a 200 day moving average of $43.75.

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).