Syon Capital LLC Trims Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Syon Capital LLC cut its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 26.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 111,690 shares of the exchange traded fund’s stock after selling 39,838 shares during the quarter. Syon Capital LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,671,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Shared Vision Wealth Group LLC lifted its stake in shares of iShares MSCI Emerging Markets ETF by 3.7% in the 4th quarter. Shared Vision Wealth Group LLC now owns 7,165 shares of the exchange traded fund’s stock valued at $300,000 after purchasing an additional 256 shares during the period. Delap Wealth Advisory LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 2.2% during the 4th quarter. Delap Wealth Advisory LLC now owns 12,117 shares of the exchange traded fund’s stock worth $507,000 after acquiring an additional 257 shares in the last quarter. Rockland Trust Co. grew its position in shares of iShares MSCI Emerging Markets ETF by 0.8% during the 4th quarter. Rockland Trust Co. now owns 32,226 shares of the exchange traded fund’s stock valued at $1,348,000 after acquiring an additional 260 shares during the period. Venturi Wealth Management LLC increased its stake 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 valued at $93,000 after purchasing an additional 272 shares in the last quarter. Finally, Sax Wealth Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 3.1% in the 4th quarter. Sax Wealth Advisors LLC now owns 9,080 shares of the exchange traded fund’s stock worth $380,000 after purchasing an additional 276 shares during the period. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.5 %

Shares of EEM opened at $42.54 on Wednesday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $47.44. The firm has a market cap of $16.02 billion, a P/E ratio of 13.13 and a beta of 0.63. The stock’s 50 day moving average is $43.28 and its two-hundred day moving average is $43.45.

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).