GLOBALT Investments LLC GA Sells 15,065 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

GLOBALT Investments LLC GA cut its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 259,640 shares of the exchange traded fund’s stock after selling 15,065 shares during the quarter. iShares MSCI Emerging Markets ETF makes up about 0.4% of GLOBALT Investments LLC GA’s investment portfolio, making the stock its 28th largest position. GLOBALT Investments LLC GA owned 0.07% of iShares MSCI Emerging Markets ETF worth $10,858,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of EEM. Pillar Financial Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $28,000. Teachers Insurance & Annuity Association of America purchased a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth approximately $37,000. Compass Planning Associates Inc purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $36,000. Creative Capital Management Investments LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $38,000. Finally, Atmos Advisory LLC purchased a new position in iShares MSCI Emerging Markets ETF in the 4th quarter worth approximately $40,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

Shares of iShares MSCI Emerging Markets ETF stock opened at $44.58 on Monday. The business’s 50 day simple moving average is $43.19 and its two-hundred day simple moving average is $43.72. The stock has a market capitalization of $16.89 billion, a P/E 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.

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).