Sage Rhino Capital LLC Lowers Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Sage Rhino Capital LLC trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 28.2% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 5,250 shares of the exchange traded fund’s stock after selling 2,060 shares during the quarter. Sage Rhino Capital LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $210,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Retirement Systems of Alabama lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 25.8% in the 1st quarter. Retirement Systems of Alabama now owns 25,090,606 shares of the exchange traded fund’s stock valued at $856,342,000 after purchasing an additional 5,153,300 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $162,653,000. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 99.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 8,875,206 shares of the exchange traded fund’s stock valued at $302,910,000 after purchasing an additional 4,430,995 shares during the last quarter. Northwestern Mutual Investment Management Company LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 1st quarter valued at about $131,994,000. Finally, Schroder Investment Management Group lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 1,739.8% in the 1st quarter. Schroder Investment Management Group now owns 3,262,874 shares of the exchange traded fund’s stock valued at $114,004,000 after purchasing an additional 3,085,523 shares during the last quarter.

Shares of iShares MSCI Emerging Markets ETF stock traded down $0.30 on Friday, hitting $43.29. The stock had a trading volume of 62,457,744 shares, compared to its average volume of 66,028,852. iShares MSCI Emerging Markets ETF has a 52-week low of $30.09 and a 52-week high of $46.32. The company’s 50 day moving average price is $41.69 and its 200 day moving average price is $39.56.

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).

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

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