Ramiah Investment Group Cuts Stock Holdings in iShares MSCI Emerging Markets ETF $EEM

Ramiah Investment Group trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 81.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,803 shares of the exchange traded fund’s stock after selling 46,589 shares during the period. iShares MSCI Emerging Markets ETF makes up approximately 0.6% of Ramiah Investment Group’s portfolio, making the stock its 21st biggest holding. Ramiah Investment Group’s holdings in iShares MSCI Emerging Markets ETF were worth $614,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of EEM. MidAtlantic Capital Management Inc. bought a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $25,000. Merkkuri Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 1st quarter valued at $27,000. BTG Pactual Asset Management US LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 101.3% during the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 46,071 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $31,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $67.19 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $47.90 and a 52-week high of $71.57. The firm has a fifty day moving average of $66.54 and a 200 day moving average of $60.95. The firm has a market capitalization of $29.75 billion, a PE ratio of 14.46 and a beta of 0.73.

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). 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.