Stevens Capital Management LP Trims Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Stevens Capital Management LP reduced its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 54.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 198,300 shares of the exchange traded fund’s stock after selling 237,300 shares during the quarter. iShares MSCI Emerging Markets ETF comprises about 2.0% of Stevens Capital Management LP’s investment portfolio, making the stock its 9th biggest position. Stevens Capital Management LP’s holdings in iShares MSCI Emerging Markets ETF were worth $7,974,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of iShares MSCI Emerging Markets ETF by 2.7% during 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 during the last quarter. Brand Asset Management Group Inc. grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.5% during 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 during the last quarter. DB Fitzpatrick & Co Inc grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.4% during 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 during the last quarter. Procyon Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.5% during 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 during the last quarter. Finally, Resolute Advisors LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% during 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 during the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 1.2 %

Shares of EEM traded up $0.47 during mid-day trading on Friday, reaching $41.17. 24,281,359 shares of the company’s stock traded hands, compared to its average volume of 28,861,344. The stock’s 50-day moving average is $40.69 and its two-hundred day moving average is $39.49. iShares MSCI Emerging Markets ETF has a 12 month low of $36.38 and a 12 month high of $42.00.

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).