SteelPeak Wealth LLC Sells 38,992 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

SteelPeak Wealth LLC decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 18.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 169,932 shares of the exchange traded fund’s stock after selling 38,992 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $7,107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. purchased a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $527,000. AQR Capital Management LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 75.4% in the second quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock worth $1,363,000 after purchasing an additional 13,761 shares during the period. Granite Bay Wealth Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $8,707,000. Sanctuary Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the second quarter valued at $3,089,000. Finally, Canandaigua National Bank & Trust Co. purchased a new position in iShares MSCI Emerging Markets ETF during the third quarter worth about $2,030,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $42.48 on Wednesday. The stock’s 50-day simple moving average is $42.71 and its two-hundred day simple moving average is $43.48. iShares MSCI Emerging Markets ETF has a twelve month low of $38.26 and a twelve month high of $47.44.

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).