TIAA Trust National Association decreased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM – Free Report) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,344 shares of the exchange traded fund’s stock after selling 10,677 shares during the period. TIAA Trust National Association’s holdings in iShares MSCI Emerging Markets ETF were worth $6,078,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Pillar Financial Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $28,000. Compass Planning Associates Inc acquired a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth about $36,000. Teachers Insurance & Annuity Association of America bought a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at about $37,000. Creative Capital Management Investments LLC acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $38,000. Finally, Atmos Advisory LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth about $40,000. Institutional investors and hedge funds own 81.39% of the company’s stock.
iShares MSCI Emerging Markets ETF Price Performance
iShares MSCI Emerging Markets ETF stock opened at $44.65 on Wednesday. The business has a 50 day moving average of $43.66 and a 200-day moving average of $43.83. iShares MSCI Emerging Markets ETF has a 1 year low of $39.39 and a 1 year high of $47.44. The company has a market capitalization of $16.92 billion, a P/E ratio of 14.88 and a beta of 0.72.
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).
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