AMI Investment Management Inc. Has $298,000 Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

AMI Investment Management Inc. reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,116 shares of the exchange traded fund’s stock after selling 700 shares during the quarter. AMI Investment Management Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $298,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Bank of Montreal Can increased its stake in iShares MSCI Emerging Markets ETF by 91.1% in the 2nd quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after buying an additional 3,382,010 shares during the period. DRW Securities LLC lifted 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 valued at $125,310,000 after acquiring an additional 2,344,192 shares during the last quarter. SPX Gestao de Recursos Ltda bought a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $105,980,000. LPL Financial LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 6.2% during the 3rd quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after purchasing an additional 123,741 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of iShares MSCI Emerging Markets ETF by 0.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock valued at $63,829,000 after purchasing an additional 6,995 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.8 %

Shares of NYSEARCA:EEM opened at $42.09 on Monday. iShares MSCI Emerging Markets ETF has a 1 year low of $37.83 and a 1 year high of $47.44. The firm has a fifty day moving average price of $42.82 and a 200 day moving average price of $43.53.

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).