Audent Global Asset Management LLC Sells 15,653 Shares of iShares MSCI Emerging Markets ETF $EEM

Audent Global Asset Management LLC lowered its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 23.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,313 shares of the exchange traded fund’s stock after selling 15,653 shares during the period. iShares MSCI Emerging Markets ETF accounts for 3.1% of Audent Global Asset Management LLC’s portfolio, making the stock its 9th largest holding. Audent Global Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,971,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in EEM. Hsbc Holdings PLC boosted its position in shares of iShares MSCI Emerging Markets ETF by 74.9% in the 4th quarter. Hsbc Holdings PLC now owns 6,591,631 shares of the exchange traded fund’s stock worth $360,596,000 after purchasing an additional 2,823,265 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University lifted its stake in iShares MSCI Emerging Markets ETF by 25.8% in the 4th quarter. Board of Trustees of The Leland Stanford Junior University now owns 4,458,700 shares of the exchange traded fund’s stock valued at $243,935,000 after purchasing an additional 915,248 shares during the last quarter. LPL Financial LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 3,401,849 shares of the exchange traded fund’s stock worth $186,115,000 after acquiring an additional 196,473 shares during the period. Mariner LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 23.8% in the third quarter. Mariner LLC now owns 2,324,614 shares of the exchange traded fund’s stock valued at $124,134,000 after purchasing an additional 447,010 shares during the period. Finally, Raymond James Financial Inc. lifted its position in iShares MSCI Emerging Markets ETF by 18.3% during the second quarter. Raymond James Financial Inc. now owns 2,031,899 shares of the exchange traded fund’s stock worth $98,019,000 after acquiring an additional 313,978 shares during the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA EEM opened at $63.29 on Friday. iShares MSCI Emerging Markets ETF has a one year low of $47.98 and a one year high of $71.57. The firm has a market cap of $28.02 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. The stock’s fifty day moving average price is $67.11 and its two-hundred day moving average price is $62.20.

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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.