J2 Capital Management Inc Decreases Holdings in iShares MSCI Emerging Markets ETF $EEM

J2 Capital Management Inc trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 43.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,423 shares of the exchange traded fund’s stock after selling 17,504 shares during the quarter. iShares MSCI Emerging Markets ETF accounts for approximately 0.9% of J2 Capital Management Inc’s holdings, making the stock its 15th largest position. J2 Capital Management Inc’s holdings in iShares MSCI Emerging Markets ETF were worth $1,273,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Asempa Wealth Advisors bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $593,000. Allium Financial Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 35.3% during the 3rd quarter. Allium Financial Advisors LLC now owns 111,066 shares of the exchange traded fund’s stock valued at $5,931,000 after acquiring an additional 28,998 shares during the period. Bradley Foster & Sargent Inc. CT grew its position in shares of iShares MSCI Emerging Markets ETF by 59.0% during the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 52,345 shares of the exchange traded fund’s stock valued at $2,795,000 after acquiring an additional 19,432 shares during the period. Kelsey Financial LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $1,038,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares MSCI Emerging Markets ETF by 92.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 230,897 shares of the exchange traded fund’s stock worth $12,632,000 after purchasing an additional 110,888 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $67.96 on Friday. The stock has a market cap of $30.09 billion, a P/E ratio of 14.46 and a beta of 0.73. The stock’s fifty day moving average is $66.44 and its 200 day moving average is $60.91. iShares MSCI Emerging Markets ETF has a one year low of $47.90 and a one year high of $71.57.

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.