PFW Advisors LLC Sells 14,226 Shares of iShares MSCI Emerging Markets ETF $EEM

PFW Advisors LLC trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 143,231 shares of the exchange traded fund’s stock after selling 14,226 shares during the quarter. iShares MSCI Emerging Markets ETF makes up 2.1% of PFW Advisors LLC’s holdings, making the stock its 8th largest holding. PFW Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,909,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Elequin Capital LP acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $28,000. Golden State Wealth Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 352 shares during the last quarter. Copia Wealth Management acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth $33,000. Dunhill Financial LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 589.6% in the 1st quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 796 shares during the last quarter. Finally, Smallwood Wealth Investment Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 1st quarter worth $41,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.7%

Shares of NYSEARCA EEM opened at $53.03 on Wednesday. The stock has a market capitalization of $20.16 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The stock’s fifty day simple moving average is $49.81 and its 200 day simple moving average is $46.62. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $53.07.

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).