iShares MSCI Emerging Markets ETF $EEM Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lessened its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 50.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,034 shares of the exchange traded fund’s stock after selling 27,070 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in iShares MSCI Emerging Markets ETF were worth $1,444,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Pandora Wealth Inc. boosted its position in shares of iShares MSCI Emerging Markets ETF by 15.4% in the 2nd quarter. Pandora Wealth Inc. now owns 9,641 shares of the exchange traded fund’s stock worth $465,000 after buying an additional 1,290 shares in the last quarter. Clarity Wealth Advisors LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 12.0% in the third quarter. Clarity Wealth Advisors LLC now owns 174,748 shares of the exchange traded fund’s stock valued at $9,332,000 after purchasing an additional 18,658 shares in the last quarter. Endowment Wealth Management Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 24.7% in the second quarter. Endowment Wealth Management Inc. now owns 37,084 shares of the exchange traded fund’s stock valued at $1,789,000 after purchasing an additional 7,352 shares during the last quarter. Allianz SE increased its stake in shares of iShares MSCI Emerging Markets ETF by 2.9% during the 2nd quarter. Allianz SE now owns 374,750 shares of the exchange traded fund’s stock worth $18,078,000 after purchasing an additional 10,656 shares in the last quarter. Finally, Allium Financial Advisors LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 108.0% during the 2nd quarter. Allium Financial Advisors LLC now owns 82,068 shares of the exchange traded fund’s stock worth $3,959,000 after purchasing an additional 42,613 shares during the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Down 2.2%

NYSEARCA EEM opened at $59.10 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.19 and a fifty-two week high of $60.95. The business has a fifty day moving average of $55.89 and a 200-day moving average of $53.43. The stock has a market cap of $25.29 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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.