Cambient Family Office LLC Sells 8,517 Shares of iShares MSCI Emerging Markets ETF $EEM

Cambient Family Office LLC reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 20.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,173 shares of the exchange traded fund’s stock after selling 8,517 shares during the period. Cambient Family Office LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,884,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of EEM. Merkkuri Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at $27,000. Maridea Wealth Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter worth $334,000. Poehling Capital Management INC. bought a new stake in iShares MSCI Emerging Markets ETF during the 1st quarter valued at approximately $284,000. Cottage Street Advisors LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 40.0% in the first quarter. Cottage Street Advisors LLC now owns 7,000 shares of the exchange traded fund’s stock worth $398,000 after buying an additional 2,000 shares in the last quarter. Finally, Contravisory Investment Management Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 56.1% in the 1st quarter. Contravisory Investment Management Inc. now owns 24,922 shares of the exchange traded fund’s stock worth $1,415,000 after purchasing an additional 8,953 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 1.1%

Shares of iShares MSCI Emerging Markets ETF stock opened at $67.19 on Friday. The firm has a market cap of $29.75 billion, a PE ratio of 14.46 and a beta of 0.73. iShares MSCI Emerging Markets ETF has a 12 month low of $47.90 and a 12 month high of $71.57. The stock has a 50 day moving average of $66.54 and a 200 day moving average of $60.95.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.