iShares MSCI Emerging Markets ETF $EEM Shares Sold by Mill Creek Capital Advisors LLC

Mill Creek Capital Advisors LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 154,154 shares of the exchange traded fund’s stock after selling 10,047 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $8,434,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of EEM. Brighton Jones LLC increased its stake in iShares MSCI Emerging Markets ETF by 1.7% in the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after purchasing an additional 1,940 shares during the period. AQR Capital Management LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% in the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock valued at $3,507,000 after acquiring an additional 9,437 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at about $3,957,000. Gamco Investors INC. ET AL purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at about $462,000. Finally, Quantinno Capital Management LP boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 3.1% in the second quarter. Quantinno Capital Management LP now owns 43,885 shares of the exchange traded fund’s stock valued at $2,117,000 after acquiring an additional 1,320 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $67.88 on Monday. The company has a market cap of $30.06 billion, a price-to-earnings ratio of 14.46 and a beta of 0.73. The firm’s 50-day simple moving average is $64.64 and its 200-day simple moving average is $59.97. iShares MSCI Emerging Markets ETF has a fifty-two week low of $46.15 and a fifty-two week high of $70.86.

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.