J.W. Cole Advisors Inc. Lowers Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

J.W. Cole Advisors Inc. reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 34.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,907 shares of the exchange traded fund’s stock after selling 36,091 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,011,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of EEM. Brighton Jones LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after acquiring an additional 1,940 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $425,000. Thrivent Financial for Lutherans lifted its stake in iShares MSCI Emerging Markets ETF by 2.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 123,608 shares of the exchange traded fund’s stock valued at $5,302,000 after buying an additional 3,033 shares in the last quarter. Simplex Trading LLC lifted its stake in iShares MSCI Emerging Markets ETF by 387.1% in the 4th quarter. Simplex Trading LLC now owns 165,847 shares of the exchange traded fund’s stock valued at $6,935,000 after buying an additional 131,802 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in iShares MSCI Emerging Markets ETF by 14.8% in the 4th quarter. LPL Financial LLC now owns 2,431,417 shares of the exchange traded fund’s stock valued at $101,682,000 after buying an additional 312,551 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.7%

Shares of iShares MSCI Emerging Markets ETF stock opened at $49.40 on Tuesday. The firm has a market capitalization of $18.78 billion, a PE ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a twelve month low of $38.19 and a twelve month high of $49.60. The firm’s 50-day moving average price is $47.24 and its 200 day moving average price is $44.58.

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).