HBK Sorce Advisory LLC Has $1.05 Million Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

HBK Sorce Advisory LLC reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 10.1% during the 1st quarter, Holdings Channel reports. The firm owned 24,093 shares of the exchange traded fund’s stock after selling 2,696 shares during the period. HBK Sorce Advisory LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,053,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Snowden Capital Advisors LLC grew its holdings in iShares MSCI Emerging Markets ETF by 3.3% during the fourth quarter. Snowden Capital Advisors LLC now owns 7,485 shares of the exchange traded fund’s stock valued at $313,000 after purchasing an additional 236 shares during the period. Shared Vision Wealth Group LLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 3.7% during the fourth quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock worth $300,000 after purchasing an additional 256 shares in the last quarter. Taylor & Morgan Wealth Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 2.0% in the 1st quarter. Taylor & Morgan Wealth Management LLC now owns 13,362 shares of the exchange traded fund’s stock valued at $584,000 after buying an additional 260 shares during the period. Colorado Capital Management Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 0.8% in the 1st quarter. Colorado Capital Management Inc. now owns 33,184 shares of the exchange traded fund’s stock valued at $1,450,000 after buying an additional 272 shares in the last quarter. Finally, Citizens Business Bank raised its stake in iShares MSCI Emerging Markets ETF by 6.1% during the 4th quarter. Citizens Business Bank now owns 4,794 shares of the exchange traded fund’s stock worth $200,000 after buying an additional 276 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.1%

EEM stock opened at $47.96 on Thursday. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year high of $48.01. The firm has a market cap of $18.24 billion, a PE ratio of 14.46 and a beta of 0.62. The business’s 50-day moving average price is $45.60 and its two-hundred day moving average price is $43.89.

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).