JSF Financial LLC Sells 15,057 Shares of iShares MSCI Emerging Markets ETF $EEM

JSF Financial LLC cut its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 42.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,444 shares of the exchange traded fund’s stock after selling 15,057 shares during the period. JSF Financial LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,161,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EEM. Asempa Wealth Advisors acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $593,000. Perigon Wealth Management LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 77.2% in the fourth quarter. Perigon Wealth Management LLC now owns 148,373 shares of the exchange traded fund’s stock valued at $8,118,000 after purchasing an additional 64,618 shares during the period. Sollinda Capital Management LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 276.3% during the 4th quarter. Sollinda Capital Management LLC now owns 28,981 shares of the exchange traded fund’s stock worth $1,586,000 after buying an additional 21,280 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of iShares MSCI Emerging Markets ETF by 92.4% during 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 buying an additional 110,888 shares during the last quarter. Finally, Kelsey Financial LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $1,038,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $63.56 on Tuesday. iShares MSCI Emerging Markets ETF has a 52 week low of $47.98 and a 52 week high of $71.57. The firm has a market cap of $28.14 billion, a P/E ratio of 14.46 and a beta of 0.72. The firm’s 50-day simple moving average is $67.02 and its 200 day simple moving average is $62.31.

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.