Noesis Capital Mangement Corp Has $876,000 Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Noesis Capital Mangement Corp decreased its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 20,938 shares of the exchange traded fund’s stock after selling 264 shares during the period. Noesis Capital Mangement Corp’s holdings in iShares MSCI Emerging Markets ETF were worth $876,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Compass Planning Associates Inc acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $36,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $37,000. Creative Capital Management Investments LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $38,000. Atmos Advisory LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $40,000. Finally, CarsonAllaria Wealth Management Ltd. boosted its stake in iShares MSCI Emerging Markets ETF by 40.0% during the 4th quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 349 shares during the period. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 1.4 %

Shares of NYSEARCA:EEM opened at $43.21 on Friday. The business has a 50 day moving average price of $42.86 and a 200 day moving average price of $43.68. iShares MSCI Emerging Markets ETF has a twelve month low of $39.39 and a twelve month high of $47.44. The company has a market cap of $16.00 billion, a price-to-earnings ratio of 14.53 and a beta of 0.70.

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).