iShares MSCI Emerging Markets ETF $EEM Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 239,228 shares of the exchange traded fund’s stock after selling 20,408 shares during the quarter. Waverly Advisors LLC owned approximately 0.05% of iShares MSCI Emerging Markets ETF worth $16,366,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brighton Jones LLC boosted its position in iShares MSCI Emerging Markets ETF by 1.7% during the 4th 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 increased its holdings in shares of iShares MSCI Emerging Markets ETF by 13.3% in the 1st quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after acquiring an additional 9,437 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at approximately $3,957,000. Gamco Investors INC. ET AL acquired a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $462,000. Finally, Quantinno Capital Management LP raised its stake in shares of iShares MSCI Emerging Markets ETF by 3.1% during 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 purchasing an additional 1,320 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Trading Up 0.2%

EEM stock opened at $68.83 on Wednesday. iShares MSCI Emerging Markets ETF has a 52 week low of $51.10 and a 52 week high of $71.57. The company has a market capitalization of $30.94 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The firm’s 50-day moving average is $65.81 and its two-hundred day moving average is $64.13.

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.