iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by SOL Capital Management CO

SOL Capital Management CO decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 12.0% during the 4th quarter, HoldingsChannel reports. The fund owned 7,330 shares of the exchange traded fund’s stock after selling 1,000 shares during the quarter. SOL Capital Management CO’s holdings in iShares MSCI Emerging Markets ETF were worth $307,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Covenant Partners LLC raised its stake in iShares MSCI Emerging Markets ETF by 3,291.7% during the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares during the period. Teachers Insurance & Annuity Association of America acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $37,000. Atmos Advisory LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $40,000. West Financial Advisors LLC acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $65,000. Finally, Bristlecone Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $65,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $42.72 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.26 and a 52-week high of $47.44. The business has a fifty day moving average of $42.68 and a two-hundred day moving average of $43.45.

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).