Wealthcare Advisory Partners LLC Trims Stock Position in iShares MSCI Emerging Markets ETF $EEM

Wealthcare Advisory Partners LLC lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 65.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,554 shares of the exchange traded fund’s stock after selling 39,377 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,406,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE boosted its holdings in iShares MSCI Emerging Markets ETF by 22.8% in the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after purchasing an additional 6,929,284 shares during the period. Board of Trustees of The Leland Stanford Junior University increased its holdings in shares of iShares MSCI Emerging Markets ETF by 102.7% in the first quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after purchasing an additional 4,577,226 shares during the period. Hsbc Holdings PLC raised its position in shares of iShares MSCI Emerging Markets ETF by 74.9% in the fourth quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after buying an additional 2,823,265 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares MSCI Emerging Markets ETF by 4.3% in the first quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after buying an additional 189,366 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in iShares MSCI Emerging Markets ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock valued at $186,115,000 after buying an additional 196,473 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 0.3%

iShares MSCI Emerging Markets ETF stock opened at $66.68 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $49.35 and a 52 week high of $71.57. The business has a 50-day simple moving average of $66.05 and a 200 day simple moving average of $63.25. The stock has a market cap of $29.98 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

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.