iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Allen Investment Management LLC

Allen Investment Management LLC trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 32.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,138 shares of the exchange traded fund’s stock after selling 92,400 shares during the quarter. Allen Investment Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $8,354,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. OLD Mission Capital LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the first quarter worth approximately $880,516,000. TD Asset Management Inc boosted its position in iShares MSCI Emerging Markets ETF by 657.0% during the fourth quarter. TD Asset Management Inc now owns 4,376,975 shares of the exchange traded fund’s stock worth $175,998,000 after acquiring an additional 3,798,757 shares during the last quarter. Jane Street Group LLC raised its holdings in iShares MSCI Emerging Markets ETF by 15.2% in the 1st quarter. Jane Street Group LLC now owns 24,776,158 shares of the exchange traded fund’s stock valued at $1,017,805,000 after acquiring an additional 3,270,493 shares during the last quarter. Nisa Investment Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 2nd quarter valued at about $74,532,000. Finally, DRW Securities LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $64,675,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM stock opened at $42.83 on Friday. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $44.64. The business has a 50 day simple moving average of $42.81 and a 200-day simple moving average of $42.11.

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).