iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by NTV Asset Management LLC

NTV Asset Management LLC cut its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 29.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 165,211 shares of the exchange traded fund’s stock after selling 69,082 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 1.1% of NTV Asset Management LLC’s holdings, making the stock its 20th biggest position. NTV Asset Management LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $6,643,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Anchor Investment Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. Cetera Trust Company N.A purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $32,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $34,000. FNY Investment Advisers LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the 4th quarter valued at $40,000. Finally, Wetzel Investment Advisors Inc. acquired a new position in iShares MSCI Emerging Markets ETF during the fourth quarter worth $48,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

EEM traded up $0.38 during midday trading on Friday, hitting $42.47. 31,815,171 shares of the company traded hands, compared to its average volume of 29,777,680. The business has a 50 day simple moving average of $40.84 and a two-hundred day simple moving average of $39.63. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $42.49.

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).