XML Financial LLC Sells 2,449 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

XML Financial LLC trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,353 shares of the exchange traded fund’s stock after selling 2,449 shares during the quarter. XML Financial LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $935,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Covenant Partners LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at about $37,000. Atmos Advisory LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $40,000. West Financial Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the third quarter worth approximately $65,000. Finally, Bristlecone Advisors LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $65,000. 81.39% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $42.57 on Thursday. The stock has a 50 day simple moving average of $42.76 and a 200 day simple moving average of $43.52. iShares MSCI Emerging Markets ETF has a 1-year low of $38.19 and a 1-year 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).