Bessemer Group Inc. reduced its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 95.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,453 shares of the exchange traded fund’s stock after selling 1,900,221 shares during the period. Bessemer Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Front Barnett Associates LLC raised its holdings in iShares MSCI Emerging Markets ETF by 0.6% in the 3rd quarter. Front Barnett Associates LLC now owns 274,839 shares of the exchange traded fund’s stock worth $11,796,000 after purchasing an additional 1,717 shares during the period. Wellington Shields Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $208,000. Connable Office Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 2.9% in the 3rd quarter. Connable Office Inc. now owns 1,230,635 shares of the exchange traded fund’s stock worth $52,819,000 after purchasing an additional 34,450 shares during the period. Starfire Investment Advisers Inc. raised its holdings in iShares MSCI Emerging Markets ETF by 12.1% during the third quarter. Starfire Investment Advisers Inc. now owns 19,885 shares of the exchange traded fund’s stock valued at $853,000 after acquiring an additional 2,150 shares during the period. Finally, Titus Wealth Management raised its holdings in iShares MSCI Emerging Markets ETF by 10.1% during the third quarter. Titus Wealth Management now owns 54,822 shares of the exchange traded fund’s stock valued at $2,245,000 after acquiring an additional 5,015 shares during the period.

NYSEARCA:EEM traded down $0.76 on Friday, reaching $39.88. 134,303,159 shares of the company’s stock traded hands, compared to its average volume of 75,122,977. iShares MSCI Emerging Markets ETF has a 12 month low of $37.58 and a 12 month high of $52.08.

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iShares MSCI Emerging Markets ETF Company Profile

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).

See Also: Intrinsic Value

Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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