iShares MSCI Emerging Markets ETF $EEM Shares Sold by Highview Capital Management LLC DE

Highview Capital Management LLC DE reduced its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 65.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 89,771 shares of the exchange traded fund’s stock after selling 167,729 shares during the period. iShares MSCI Emerging Markets ETF makes up 1.7% of Highview Capital Management LLC DE’s investment portfolio, making the stock its 17th largest holding. Highview Capital Management LLC DE’s holdings in iShares MSCI Emerging Markets ETF were worth $4,331,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Tompkins Financial Corp purchased a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $26,000. Maseco LLP acquired a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter worth approximately $27,000. Hemington Wealth Management acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter worth $34,000. Gladwyn Financial Advisors Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter worth about $35,000. Finally, Financial Gravity Companies Inc. purchased a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $48,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.5%

Shares of EEM opened at $54.04 on Wednesday. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $56.31. The stock has a market cap of $20.55 billion, a P/E ratio of 14.46 and a beta of 0.64. The company has a 50-day moving average of $54.07 and a two-hundred day moving average of $50.21.

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).