Midwest Professional Planners LTD. Cuts Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Midwest Professional Planners LTD. lowered its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEMGet Rating) by 0.5% during the 4th quarter, Holdings Channel reports. The firm owned 62,184 shares of the exchange traded fund’s stock after selling 335 shares during the period. iShares MSCI Emerging Markets ETF makes up about 1.5% of Midwest Professional Planners LTD.’s investment portfolio, making the stock its 16th largest holding. Midwest Professional Planners LTD.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,038,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in iShares MSCI Emerging Markets ETF by 120.2% in the fourth quarter. JPMorgan Chase & Co. now owns 11,592,827 shares of the exchange traded fund’s stock worth $566,310,000 after purchasing an additional 6,327,100 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $365,022,000. Northern Trust Corp lifted its position in shares of iShares MSCI Emerging Markets ETF by 0.8% during the 4th quarter. Northern Trust Corp now owns 3,494,812 shares of the exchange traded fund’s stock valued at $170,722,000 after buying an additional 29,376 shares during the last quarter. Lazard Asset Management LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 111.9% during the 4th quarter. Lazard Asset Management LLC now owns 3,412,783 shares of the exchange traded fund’s stock valued at $166,713,000 after buying an additional 1,801,870 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of iShares MSCI Emerging Markets ETF by 27.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,279,350 shares of the exchange traded fund’s stock valued at $160,196,000 after buying an additional 710,392 shares during the last quarter. 69.37% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSEARCA EEM traded up $1.09 during trading on Friday, reaching $40.49. 49,194,488 shares of the stock traded hands, compared to its average volume of 53,998,548. iShares MSCI Emerging Markets ETF has a 52-week low of $38.94 and a 52-week high of $56.17. The company has a 50-day moving average of $43.52 and a 200-day moving average of $47.21.

iShares MSCI Emerging Markets ETF Profile (Get Rating)

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).

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Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEMGet Rating).

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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