iShares MSCI Emerging Markets ETF $EEM Shares Sold by Innova Wealth Partners

Innova Wealth Partners lowered its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 43.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,176 shares of the exchange traded fund’s stock after selling 10,026 shares during the quarter. Innova Wealth Partners’ holdings in iShares MSCI Emerging Markets ETF were worth $880,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Bank of America Corp DE raised its stake in iShares MSCI Emerging Markets ETF by 22.8% during the 1st quarter. Bank of America Corp DE now owns 37,337,990 shares of the exchange traded fund’s stock valued at $2,120,424,000 after purchasing an additional 6,929,284 shares during the period. Board of Trustees of The Leland Stanford Junior University lifted its holdings in iShares MSCI Emerging Markets ETF by 102.7% in the 1st quarter. Board of Trustees of The Leland Stanford Junior University now owns 9,035,926 shares of the exchange traded fund’s stock worth $513,150,000 after purchasing an additional 4,577,226 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 4.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,611,088 shares of the exchange traded fund’s stock worth $261,864,000 after purchasing an additional 189,366 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares MSCI Emerging Markets ETF by 9.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,704,404 shares of the exchange traded fund’s stock worth $185,008,000 after purchasing an additional 228,966 shares during the period. Finally, Fifth Third Bancorp boosted its stake in iShares MSCI Emerging Markets ETF by 103.3% in the 1st quarter. Fifth Third Bancorp now owns 1,447,782 shares of the exchange traded fund’s stock worth $82,220,000 after purchasing an additional 735,539 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $63.32 on Wednesday. iShares MSCI Emerging Markets ETF has a 1 year low of $52.38 and a 1 year high of $71.57. The company has a 50 day simple moving average of $66.81 and a two-hundred day simple moving average of $65.82. The firm has a market cap of $29.35 billion, a P/E ratio of 14.46 and a beta of 0.74.

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). 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.