iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Hirtle Callaghan & Co LLC

Hirtle Callaghan & Co LLC cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,780,908 shares of the exchange traded fund’s stock after selling 15,546 shares during the period. iShares MSCI Emerging Markets ETF comprises about 3.1% of Hirtle Callaghan & Co LLC’s investment portfolio, making the stock its 7th biggest holding. Hirtle Callaghan & Co LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $74,478,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of EEM. DRW Securities LLC grew its stake in iShares MSCI Emerging Markets ETF by 603.8% in 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 in the last quarter. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter worth about $105,980,000. Raymond James Financial Inc. acquired a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth about $67,244,000. Erste Asset Management GmbH acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter worth about $29,856,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI Emerging Markets ETF in the third quarter worth about $17,112,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $44.58 on Monday. The company has a market capitalization of $16.89 billion, a price-to-earnings ratio of 14.88 and a beta of 0.72. iShares MSCI Emerging Markets ETF has a one year low of $39.39 and a one year high of $47.44. The stock has a 50-day simple moving average of $43.51 and a 200 day simple moving average of $43.79.

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).