iShares MSCI Emerging Markets ETF $EEM Stock Sold by Glaxis Capital Management LLC

Glaxis Capital Management LLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 77.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,000 shares of the exchange traded fund’s stock after selling 13,700 shares during the period. Glaxis Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in EEM. Principle Wealth Partners LLC lifted its position in iShares MSCI Emerging Markets ETF by 14.1% during the 3rd quarter. Principle Wealth Partners LLC now owns 3,847 shares of the exchange traded fund’s stock worth $257,000 after acquiring an additional 475 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 23.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 340,447 shares of the exchange traded fund’s stock worth $22,738,000 after acquiring an additional 64,640 shares during the period. Platform Technology Partners purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $279,000. Commonwealth Equity Services LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $38,667,000. Finally, eCIO Inc. acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $245,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 5.8%

Shares of NYSEARCA:EEM opened at $58.05 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $52.38 and a 52-week high of $71.57. The company has a 50 day moving average of $65.60 and a two-hundred day moving average of $63.87. The company has a market capitalization of $26.91 billion, a price-to-earnings ratio of 14.46 and a beta of 0.77.

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.