Sei Investments Co. Has $5.33 Million Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sei Investments Co. lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.8% in the fourth quarter, Holdings Channel reports. The firm owned 127,494 shares of the exchange traded fund’s stock after selling 10,811 shares during the period. Sei Investments Co.’s holdings in iShares MSCI Emerging Markets ETF were worth $5,332,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EEM. SPX Gestao de Recursos Ltda acquired a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $105,980,000. Cassaday & Co Wealth Management LLC raised its position in iShares MSCI Emerging Markets ETF by 1.5% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,936,480 shares of the exchange traded fund’s stock valued at $80,984,000 after buying an additional 27,779 shares during the last quarter. Raymond James Financial Inc. bought a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at approximately $67,244,000. Total Investment Management Inc. boosted its position in iShares MSCI Emerging Markets ETF by 3.7% during the 4th quarter. Total Investment Management Inc. now owns 1,541,272 shares of the exchange traded fund’s stock worth $64,456,000 after acquiring an additional 54,732 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 6.7% during the 4th quarter. HighTower Advisors LLC now owns 1,125,460 shares of the exchange traded fund’s stock worth $47,067,000 after acquiring an additional 71,016 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.3 %

Shares of EEM opened at $43.84 on Wednesday. iShares MSCI Emerging Markets ETF has a 12 month low of $39.39 and a 12 month high of $47.44. The firm has a fifty day simple moving average of $43.86 and a 200 day simple moving average of $43.89. The stock has a market capitalization of $16.67 billion, a price-to-earnings ratio of 14.53 and a beta of 0.63.

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).