Saxon Interests Inc. Cuts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Saxon Interests Inc. trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 58.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,562 shares of the exchange traded fund’s stock after selling 13,591 shares during the period. Saxon Interests Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $393,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. TD Asset Management Inc increased its stake in iShares MSCI Emerging Markets ETF by 657.0% in the fourth quarter. TD Asset Management Inc now owns 4,376,975 shares of the exchange traded fund’s stock valued at $175,998,000 after purchasing an additional 3,798,757 shares during the last quarter. DRW Securities LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $64,675,000. SG Americas Securities LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 70.2% in the fourth quarter. SG Americas Securities LLC now owns 3,317,237 shares of the exchange traded fund’s stock valued at $133,386,000 after acquiring an additional 1,368,272 shares during the period. Schroder Investment Management Group boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 3,860.4% in the third quarter. Schroder Investment Management Group now owns 890,103 shares of the exchange traded fund’s stock valued at $33,779,000 after acquiring an additional 867,628 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 21.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 3,597,437 shares of the exchange traded fund’s stock valued at $144,653,000 after acquiring an additional 632,842 shares during the period. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock traded up $0.13 during trading hours on Tuesday, hitting $42.82. The stock had a trading volume of 18,767,936 shares, compared to its average volume of 28,382,107. iShares MSCI Emerging Markets ETF has a twelve month low of $36.38 and a twelve month high of $43.87. The stock’s 50 day moving average is $42.38 and its 200 day moving average is $40.82.

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).