iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Holdings Trimmed by Linscomb Wealth Inc.

Linscomb Wealth Inc. reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 142,961 shares of the exchange traded fund’s stock after selling 1,152 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $5,979,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. International Assets Investment Management LLC boosted its position in iShares MSCI Emerging Markets ETF by 4,429.5% during the 3rd quarter. International Assets Investment Management LLC now owns 313,035 shares of the exchange traded fund’s stock worth $14,356,000 after acquiring an additional 306,124 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter worth approximately $982,000. Strategic Blueprint LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $221,000. Golden State Equity Partners purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $227,000. Finally, Pinnacle Associates Ltd. increased its stake in iShares MSCI Emerging Markets ETF by 37.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 6,781 shares of the exchange traded fund’s stock valued at $311,000 after buying an additional 1,842 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.9 %

Shares of NYSEARCA:EEM opened at $43.81 on Friday. The firm has a fifty day moving average of $42.84 and a two-hundred day moving average of $43.67. iShares MSCI Emerging Markets ETF has a 12-month low of $39.39 and a 12-month high of $47.44. The firm has a market capitalization of $16.23 billion, a P/E ratio of 14.53 and a beta of 0.70.

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).