WealthCare Asset Management LLC Sells 9,622 Shares of iShares MSCI Emerging Markets ETF $EEM

WealthCare Asset Management LLC cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 22.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 32,859 shares of the exchange traded fund’s stock after selling 9,622 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 2.0% of WealthCare Asset Management LLC’s holdings, making the stock its 11th biggest position. WealthCare Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,866,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $25,000. Merkkuri Wealth Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 1st quarter valued at $27,000. BTG Pactual Asset Management US LLC lifted its position in iShares MSCI Emerging Markets ETF by 101.3% in the 3rd quarter. BTG Pactual Asset Management US LLC now owns 571 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 46,071 shares in the last quarter. Finally, Elevated Capital Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth $31,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock traded up $0.12 during trading hours on Friday, reaching $66.90. 18,686,703 shares of the stock were exchanged, compared to its average volume of 37,151,805. The firm’s 50-day moving average is $67.27 and its 200-day moving average is $61.84. The company has a market cap of $29.62 billion, a price-to-earnings ratio of 14.46 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a 12 month low of $47.98 and a 12 month high of $71.57.

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). 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.