Sigma Planning Corp Sells 10,679 Shares of iShares MSCI Emerging Markets ETF $EEM

Sigma Planning Corp cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 40.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,421 shares of the exchange traded fund’s stock after selling 10,679 shares during the quarter. Sigma Planning Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $876,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $25,000. Merkkuri Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $27,000. BTG Pactual Asset Management US LLC lifted its stake in 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 valued at $30,000 after acquiring an additional 46,071 shares in the last quarter. Finally, Elevated Capital Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $31,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $63.29 on Monday. The company has a market capitalization of $28.02 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. The firm’s fifty day moving average price is $67.11 and its two-hundred day moving average price is $62.25. iShares MSCI Emerging Markets ETF has a 1 year low of $47.98 and a 1 year high of $71.57.

iShares MSCI Emerging Markets ETF Company 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.