PFW Advisors LLC Decreases Stock Position in iShares MSCI Emerging Markets ETF $EEM

PFW Advisors LLC reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,078 shares of the exchange traded fund’s stock after selling 8,960 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 2.1% of PFW Advisors LLC’s investment portfolio, making the stock its 9th largest holding. PFW Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,062,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Versant Capital Management Inc raised its position in shares of iShares MSCI Emerging Markets ETF by 369.7% during the 3rd quarter. Versant Capital Management Inc now owns 465 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 366 shares during the period. BTG Pactual Asset Management US LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 46,071 shares during the period. Richardson Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $33,000. Accredited Wealth Management LLC increased its stake in iShares MSCI Emerging Markets ETF by 42.7% in the 3rd quarter. Accredited Wealth Management LLC now owns 688 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 206 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $37,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 1.4%

NYSEARCA:EEM opened at $56.52 on Wednesday. The business’s 50-day simple moving average is $59.41 and its two-hundred day simple moving average is $56.10. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $65.96. The stock has a market cap of $25.76 billion, a PE 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.