Bridgewater Advisors Inc. Lowers Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Bridgewater Advisors Inc. cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,961 shares of the exchange traded fund’s stock after selling 527 shares during the period. Bridgewater Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $883,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mission Wealth Management LP raised its position in iShares MSCI Emerging Markets ETF by 1.5% during the 4th quarter. Mission Wealth Management LP now owns 21,478 shares of the exchange traded fund’s stock worth $864,000 after buying an additional 320 shares during the last quarter. LGL Partners LLC raised its holdings in iShares MSCI Emerging Markets ETF by 1.2% during the fourth quarter. LGL Partners LLC now owns 247,502 shares of the exchange traded fund’s stock worth $9,952,000 after purchasing an additional 3,001 shares in the last quarter. Certuity LLC lifted its position in iShares MSCI Emerging Markets ETF by 44.3% in the fourth quarter. Certuity LLC now owns 24,349 shares of the exchange traded fund’s stock valued at $979,000 after purchasing an additional 7,473 shares during the period. Penobscot Investment Management Company Inc. lifted its position in iShares MSCI Emerging Markets ETF by 5.1% in the fourth quarter. Penobscot Investment Management Company Inc. now owns 55,619 shares of the exchange traded fund’s stock valued at $2,236,000 after purchasing an additional 2,722 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 11.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 25,775 shares of the exchange traded fund’s stock valued at $1,036,000 after purchasing an additional 2,698 shares in the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM stock traded down $0.56 during trading hours on Tuesday, reaching $41.01. 32,748,732 shares of the company’s stock were exchanged, compared to its average volume of 28,932,137. The company’s 50 day moving average is $40.74 and its two-hundred day moving average is $39.55. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $42.00.

iShares MSCI Emerging Markets ETF 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).