iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,769 shares of the exchange traded fund’s stock after selling 2,020 shares during the quarter. Highland Capital Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,245,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. American Century Companies Inc. acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth about $527,000. AQR Capital Management LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 75.4% during the second quarter. AQR Capital Management LLC now owns 32,001 shares of the exchange traded fund’s stock worth $1,363,000 after buying an additional 13,761 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $3,089,000. Canandaigua National Bank & Trust Co. acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at $2,030,000. Finally, Park Avenue Securities LLC boosted its stake in iShares MSCI Emerging Markets ETF by 1.3% during the 3rd quarter. Park Avenue Securities LLC now owns 37,511 shares of the exchange traded fund’s stock valued at $1,720,000 after acquiring an additional 486 shares during the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $43.21 on Friday. The company has a 50-day moving average of $42.68 and a 200-day moving average of $43.46. iShares MSCI Emerging Markets ETF has a 1-year low of $38.26 and a 1-year high of $47.44.

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).