iShares MSCI Emerging Markets ETF $EEM Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. cut its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 75.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,255 shares of the exchange traded fund’s stock after selling 404,241 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $7,181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. WHI TRUST Co LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $120,000. Granite Bay Wealth Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 1.3% in the fourth quarter. Granite Bay Wealth Management LLC now owns 396,559 shares of the exchange traded fund’s stock worth $21,696,000 after acquiring an additional 5,139 shares during the last quarter. Mesirow Financial Investment Management Inc. boosted its stake in shares of iShares MSCI Emerging Markets ETF by 2.4% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 312,860 shares of the exchange traded fund’s stock worth $17,117,000 after acquiring an additional 7,224 shares during the last quarter. Western Wealth Management LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 46.7% in the fourth quarter. Western Wealth Management LLC now owns 6,581 shares of the exchange traded fund’s stock worth $360,000 after acquiring an additional 2,095 shares during the last quarter. Finally, Idaho Trust Co boosted its stake in shares of iShares MSCI Emerging Markets ETF by 138.0% in the fourth quarter. Idaho Trust Co now owns 12,208 shares of the exchange traded fund’s stock worth $668,000 after acquiring an additional 7,079 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of NYSEARCA:EEM opened at $65.88 on Friday. The business’s 50 day moving average price is $61.37 and its 200-day moving average price is $58.55. The firm has a market capitalization of $29.17 billion, a PE ratio of 14.46 and a beta of 0.71. iShares MSCI Emerging Markets ETF has a 1 year low of $45.23 and a 1 year high of $68.15.

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.