Dupont Capital Management Corp Sells 46,421 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Dupont Capital Management Corp decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 333,986 shares of the exchange traded fund’s stock after selling 46,421 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 1.6% of Dupont Capital Management Corp’s holdings, making the stock its 16th largest holding. Dupont Capital Management Corp owned 0.09% of iShares MSCI Emerging Markets ETF worth $14,595,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Carret Asset Management LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 5.9% during the 1st quarter. Carret Asset Management LLC now owns 22,311 shares of the exchange traded fund’s stock worth $975,000 after acquiring an additional 1,243 shares during the period. Advisor Resource Council bought a new stake in iShares MSCI Emerging Markets ETF in the first quarter valued at about $3,037,000. Proathlete Wealth Management LLC acquired a new position in iShares MSCI Emerging Markets ETF in the first quarter worth about $173,000. Blue Trust Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 1.7% during the first quarter. Blue Trust Inc. now owns 55,993 shares of the exchange traded fund’s stock worth $2,447,000 after purchasing an additional 960 shares during the period. Finally, Johnson Investment Counsel Inc. boosted its holdings in iShares MSCI Emerging Markets ETF by 0.9% during the first quarter. Johnson Investment Counsel Inc. now owns 39,425 shares of the exchange traded fund’s stock valued at $1,723,000 after purchasing an additional 351 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.6%

EEM stock opened at $46.33 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $47.97. The business’s 50 day moving average is $45.26 and its 200-day moving average is $43.82. The firm has a market cap of $17.45 billion, a P/E ratio of 13.99 and a beta of 0.62.

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).