Mather Group LLC. Cuts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Mather Group LLC. trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,815 shares of the exchange traded fund’s stock after selling 963 shares during the quarter. Mather Group LLC.’s holdings in iShares MSCI Emerging Markets ETF were worth $1,802,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of iShares MSCI Emerging Markets ETF by 2.7% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 10,677 shares of the exchange traded fund’s stock valued at $429,000 after buying an additional 280 shares in the last quarter. Brand Asset Management Group Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Brand Asset Management Group Inc. now owns 19,750 shares of the exchange traded fund’s stock valued at $794,000 after buying an additional 287 shares in the last quarter. DB Fitzpatrick & Co Inc grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.4% in the fourth quarter. DB Fitzpatrick & Co Inc now owns 20,667 shares of the exchange traded fund’s stock valued at $831,000 after buying an additional 291 shares in the last quarter. Procyon Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Procyon Advisors LLC now owns 19,832 shares of the exchange traded fund’s stock valued at $797,000 after buying an additional 296 shares in the last quarter. Finally, Resolute Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% in the third quarter. Resolute Advisors LLC now owns 18,988 shares of the exchange traded fund’s stock valued at $721,000 after buying an additional 316 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.0 %

EEM stock opened at $41.57 on Tuesday. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $42.00. The stock has a 50-day simple moving average of $40.74 and a 200-day simple moving average of $39.55.

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).