B. Riley Wealth Advisors Inc. Cuts Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

B. Riley Wealth Advisors Inc. trimmed its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 21.9% during the 4th quarter, Holdings Channel reports. The fund owned 21,398 shares of the exchange traded fund’s stock after selling 6,015 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $860,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Asset Management Inc raised its position in shares of iShares MSCI Emerging Markets ETF by 657.0% in the 4th quarter. TD Asset Management Inc now owns 4,376,975 shares of the exchange traded fund’s stock worth $175,998,000 after acquiring an additional 3,798,757 shares in the last quarter. DRW Securities LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at about $64,675,000. SG Americas Securities LLC boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 70.2% in the 4th quarter. SG Americas Securities LLC now owns 3,317,237 shares of the exchange traded fund’s stock valued at $133,386,000 after buying an additional 1,368,272 shares in the last quarter. Schroder Investment Management Group grew its position in shares of iShares MSCI Emerging Markets ETF by 3,860.4% in the 3rd quarter. Schroder Investment Management Group now owns 890,103 shares of the exchange traded fund’s stock worth $33,779,000 after buying an additional 867,628 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI Emerging Markets ETF by 21.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,597,437 shares of the exchange traded fund’s stock worth $144,653,000 after acquiring an additional 632,842 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $42.82 on Friday. iShares MSCI Emerging Markets ETF has a twelve month low of $36.38 and a twelve month high of $43.87. The company has a 50 day moving average of $42.02 and a two-hundred day moving average of $40.64.

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).