iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Stock Position Trimmed by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC cut its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 4.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,189 shares of the exchange traded fund’s stock after selling 1,110 shares during the quarter. Samalin Investment Counsel LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,095,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Pillar Financial Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $28,000. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $37,000. Compass Planning Associates Inc bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $36,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $38,000. Finally, Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $40,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 0.5 %

EEM stock opened at $44.58 on Friday. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The company has a market capitalization of $16.89 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. The firm’s 50-day moving average is $43.51 and its two-hundred day moving average is $43.78.

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).