MMA Asset Management LLC Sells 62,082 Shares of iShares MSCI Emerging Markets ETF $EEM

MMA Asset Management LLC decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 98.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 688 shares of the exchange traded fund’s stock after selling 62,082 shares during the quarter. MMA Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $37,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in EEM. Gries Financial LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 1.3% in the third quarter. Gries Financial LLC now owns 14,652 shares of the exchange traded fund’s stock valued at $782,000 after acquiring an additional 187 shares during the last quarter. Brown Lisle Cummings Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 11.7% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 1,926 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 201 shares in the last quarter. Optimum Investment Advisors raised its position in iShares MSCI Emerging Markets ETF by 2.8% in the 2nd quarter. Optimum Investment Advisors now owns 7,826 shares of the exchange traded fund’s stock valued at $378,000 after purchasing an additional 214 shares during the last quarter. Westmount Partners LLC boosted its stake in iShares MSCI Emerging Markets ETF by 2.0% in the third quarter. Westmount Partners LLC now owns 10,894 shares of the exchange traded fund’s stock worth $586,000 after purchasing an additional 218 shares in the last quarter. Finally, Private Wealth Asset Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 0.6% during the second quarter. Private Wealth Asset Management LLC now owns 38,779 shares of the exchange traded fund’s stock worth $1,871,000 after purchasing an additional 236 shares during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 2.6%

iShares MSCI Emerging Markets ETF stock opened at $60.07 on Friday. The stock has a 50-day simple moving average of $56.41 and a 200 day simple moving average of $53.81. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $60.95. The stock has a market capitalization of $27.38 billion, a price-to-earnings ratio of 14.46 and a beta of 0.64.

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.