Schneider Downs Wealth Management Advisors LP Lowers Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Schneider Downs Wealth Management Advisors LP reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.1% in the 4th quarter, Holdings Channel reports. The fund owned 7,924 shares of the exchange traded fund’s stock after selling 426 shares during the period. Schneider Downs Wealth Management Advisors LP’s holdings in iShares MSCI Emerging Markets ETF were worth $331,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Delap Wealth Advisory LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.2% in the 4th quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock valued at $507,000 after purchasing an additional 257 shares during the last quarter. Rockland Trust Co. increased its position in shares of iShares MSCI Emerging Markets ETF by 0.8% in the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock worth $1,348,000 after purchasing an additional 260 shares during the last quarter. Venturi Wealth Management LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 13.9% in the 4th quarter. Venturi Wealth Management LLC now owns 2,229 shares of the exchange traded fund’s stock worth $93,000 after purchasing an additional 272 shares during the last quarter. Sax Wealth Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 3.1% during the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock valued at $380,000 after buying an additional 276 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc grew its position in shares of iShares MSCI Emerging Markets ETF by 1.2% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 24,497 shares of the exchange traded fund’s stock valued at $1,123,000 after buying an additional 279 shares during the last quarter. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Up 1.0 %

Shares of NYSEARCA:EEM opened at $44.68 on Thursday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $39.39 and a fifty-two week high of $47.44. The firm has a 50-day simple moving average of $42.81 and a 200 day simple moving average of $43.67. The company has a market cap of $16.55 billion, a PE ratio of 14.53 and a beta of 0.70.

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).