EWG Elevate Inc. Trims Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

EWG Elevate Inc. decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEMFree Report) by 29.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 70,550 shares of the exchange traded fund’s stock after selling 29,374 shares during the period. iShares MSCI Emerging Markets ETF comprises about 1.2% of EWG Elevate Inc.’s holdings, making the stock its 28th largest holding. EWG Elevate Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,837,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fairfield Bush & CO. bought a new stake in shares of iShares MSCI Emerging Markets ETF in the 1st quarter worth approximately $146,000. AMI Investment Management Inc. lifted its position in iShares MSCI Emerging Markets ETF by 5.7% in the 1st quarter. AMI Investment Management Inc. now owns 11,268 shares of the exchange traded fund’s stock valued at $509,000 after acquiring an additional 605 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in iShares MSCI Emerging Markets ETF by 62.5% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 65,005 shares of the exchange traded fund’s stock valued at $2,935,000 after acquiring an additional 25,000 shares in the last quarter. Moors & Cabot Inc. lifted its position in iShares MSCI Emerging Markets ETF by 14.5% in the 1st quarter. Moors & Cabot Inc. now owns 8,965 shares of the exchange traded fund’s stock valued at $405,000 after acquiring an additional 1,135 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in iShares MSCI Emerging Markets ETF by 9.3% in the 1st quarter. Baird Financial Group Inc. now owns 892,269 shares of the exchange traded fund’s stock valued at $40,286,000 after acquiring an additional 76,229 shares in the last quarter. Hedge funds and other institutional investors own 76.58% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock traded down $0.25 during midday trading on Friday, hitting $40.77. The company’s stock had a trading volume of 32,034,778 shares, compared to its average volume of 30,077,527. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $42.00. The firm’s 50-day moving average is $39.60 and its 200-day moving average is $39.04.

iShares MSCI Emerging Markets ETF Profile

(Free Report)

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).

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Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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