Lee Danner & Bass Inc. Sells 10,080 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Lee Danner & Bass Inc. trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 20.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,340 shares of the exchange traded fund’s stock after selling 10,080 shares during the period. Lee Danner & Bass Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,582,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Anchor Investment Management LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $31,000. Cetera Trust Company N.A acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at $32,000. FNY Investment Advisers LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $40,000. Wetzel Investment Advisors Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth about $48,000. Finally, Sheets Smith Wealth Management acquired a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at about $49,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA:EEM opened at $40.15 on Tuesday. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $42.00. The firm has a 50-day moving average price of $40.63 and a 200 day moving average price of $39.45.

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).