ERn Financial LLC Decreases Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

ERn Financial LLC trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 38,127 shares of the exchange traded fund’s stock after selling 766 shares during the period. ERn Financial LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,566,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Trexquant Investment LP purchased a new position in iShares MSCI Emerging Markets ETF during the 3rd quarter worth $2,303,000. Qube Research & Technologies Ltd boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 4,451.7% during the 3rd quarter. Qube Research & Technologies Ltd now owns 269,459 shares of the exchange traded fund’s stock worth $10,226,000 after purchasing an additional 263,539 shares during the last quarter. Staley Capital Advisers Inc. raised its position in shares of iShares MSCI Emerging Markets ETF by 8.7% during the 3rd quarter. Staley Capital Advisers Inc. now owns 137,200 shares of the exchange traded fund’s stock valued at $5,207,000 after buying an additional 11,000 shares during the period. Cape Cod Five Cents Savings Bank boosted its position in shares of iShares MSCI Emerging Markets ETF by 84.4% during the 3rd quarter. Cape Cod Five Cents Savings Bank now owns 14,740 shares of the exchange traded fund’s stock worth $559,000 after purchasing an additional 6,745 shares during the period. Finally, Caxton Associates LP purchased a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter worth approximately $2,751,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

EEM traded up $0.03 on Thursday, reaching $42.51. The company had a trading volume of 22,850,584 shares, compared to its average volume of 28,547,008. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $43.87. The stock has a 50-day moving average price of $42.22 and a 200-day moving average price of $40.75.

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).