Ethos Financial Group LLC Lowers Holdings in iShares MSCI Emerging Markets ETF $EEM

Ethos Financial Group LLC trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 70.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,525 shares of the exchange traded fund’s stock after selling 146,684 shares during the quarter. Ethos Financial Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,423,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of EEM. MidAtlantic Capital Management Inc. bought a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $25,000. Hilton Head Capital Partners LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $25,000. Merkkuri Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the first quarter worth about $27,000. Jessup Wealth Management Inc purchased a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $31,000. Finally, Elevated Capital Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $31,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.8%

Shares of EEM opened at $65.67 on Wednesday. The company has a market capitalization of $29.08 billion, a P/E ratio of 14.46 and a beta of 0.72. The firm has a 50 day moving average of $67.29 and a 200 day moving average of $62.05. iShares MSCI Emerging Markets ETF has a twelve month low of $47.98 and a twelve month high of $71.57.

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.