iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. decreased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 18,414 shares of the exchange traded fund’s stock after selling 1,499 shares during the quarter. Bridgewater Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $804,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Elequin Capital LP acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $28,000. Navigoe LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at $30,000. Golden State Wealth Management LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 352 shares during the last quarter. Copia Wealth Management purchased a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $33,000. Finally, Dunhill Financial LLC grew its stake in iShares MSCI Emerging Markets ETF by 589.6% in the 1st quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 796 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $48.68 on Wednesday. The stock has a market capitalization of $18.51 billion, a P/E ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a one year low of $38.19 and a one year high of $48.88. The company has a 50 day moving average price of $46.98 and a two-hundred day moving average price of $44.41.

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).