Dearborn Partners LLC Lowers Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Dearborn Partners LLC trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 6,233 shares of the exchange traded fund’s stock after selling 900 shares during the period. Dearborn Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $261,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. DRW Securities LLC increased its stake in iShares MSCI Emerging Markets ETF by 603.8% during the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after purchasing an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $105,980,000. Raymond James Financial Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter worth approximately $67,244,000. Erste Asset Management GmbH acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $29,856,000. Finally, Flow Traders U.S. LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $17,112,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Up 0.8 %

NYSEARCA:EEM opened at $43.72 on Wednesday. iShares MSCI Emerging Markets ETF has a 52 week low of $39.39 and a 52 week high of $47.44. The company has a fifty day simple moving average of $43.06 and a two-hundred day simple moving average of $43.71. The company has a market cap of $16.19 billion, a price-to-earnings 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).