Signaturefd LLC Has $1.03 Million Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Signaturefd LLC reduced its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 29.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 24,672 shares of the exchange traded fund’s stock after selling 10,325 shares during the quarter. Signaturefd LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,032,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its stake in iShares MSCI Emerging Markets ETF by 2.8% in the 4th quarter. Parallel Advisors LLC now owns 130,969 shares of the exchange traded fund’s stock valued at $5,477,000 after buying an additional 3,559 shares during the last quarter. Gallacher Capital Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 53.2% in the 4th quarter. Gallacher Capital Management LLC now owns 7,994 shares of the exchange traded fund’s stock valued at $334,000 after acquiring an additional 2,775 shares during the period. Harbour Investments Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 6.4% in the 4th quarter. Harbour Investments Inc. now owns 51,861 shares of the exchange traded fund’s stock valued at $2,169,000 after acquiring an additional 3,129 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 256.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 55,144 shares of the exchange traded fund’s stock valued at $2,306,000 after acquiring an additional 39,670 shares during the period. Finally, Family Firm Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 12.2% in the 4th quarter. Family Firm Inc. now owns 61,499 shares of the exchange traded fund’s stock valued at $2,572,000 after acquiring an additional 6,704 shares during the period. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM opened at $45.11 on Wednesday. The firm has a 50-day moving average of $43.31 and a 200-day moving average of $43.75. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The company has a market cap of $17.09 billion, a PE ratio of 14.88 and a beta of 0.72.

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).