iShares MSCI Emerging Markets ETF $EEM Shares Sold by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 43.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 15,225 shares of the exchange traded fund’s stock after selling 11,674 shares during the period. KFA Private Wealth Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,042,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 53.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 30,799 shares of the exchange traded fund’s stock valued at $1,685,000 after acquiring an additional 10,735 shares during the last quarter. Eclectic Associates Inc. ADV bought a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $409,000. Erste Asset Management GmbH lifted its stake in iShares MSCI Emerging Markets ETF by 1.2% during the fourth quarter. Erste Asset Management GmbH now owns 759,519 shares of the exchange traded fund’s stock worth $41,553,000 after purchasing an additional 8,700 shares during the last quarter. Csenge Advisory Group boosted its holdings in iShares MSCI Emerging Markets ETF by 858.1% in the fourth quarter. Csenge Advisory Group now owns 54,192 shares of the exchange traded fund’s stock worth $2,965,000 after purchasing an additional 48,536 shares during the period. Finally, WCG Wealth Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth $1,386,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $66.77 on Wednesday. iShares MSCI Emerging Markets ETF has a 1-year low of $49.35 and a 1-year high of $71.57. The firm has a fifty day moving average price of $65.75 and a two-hundred day moving average price of $63.88. The firm has a market cap of $30.02 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74.

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.