iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama trimmed its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 0.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 9,142,425 shares of the exchange traded fund’s stock after selling 41,427 shares during the quarter. iShares MSCI Emerging Markets ETF comprises about 1.6% of Retirement Systems of Alabama’s portfolio, making the stock its 6th biggest holding. Retirement Systems of Alabama’s holdings in iShares MSCI Emerging Markets ETF were worth $419,272,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fairscale Capital LLC acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter worth about $26,000. Innealta Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $32,000. Covenant Partners LLC increased its position in iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares in the last quarter. Teachers Insurance & Annuity Association of America bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $37,000. Finally, West Financial Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF in the third quarter valued at approximately $65,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.2 %

Shares of NYSEARCA:EEM opened at $44.08 on Friday. iShares MSCI Emerging Markets ETF has a 52-week low of $37.48 and a 52-week high of $47.44. The company has a fifty day moving average of $44.57 and a 200-day moving average of $43.58.

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).