iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Waddell & Associates LLC

Waddell & Associates LLC lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.9% in the 1st quarter, HoldingsChannel reports. The fund owned 127,592 shares of the exchange traded fund’s stock after selling 8,027 shares during the quarter. iShares MSCI Emerging Markets ETF comprises 1.7% of Waddell & Associates LLC’s investment portfolio, making the stock its 13th largest holding. Waddell & Associates LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $5,476,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in EEM. Cerity Partners LLC increased its stake in iShares MSCI Emerging Markets ETF by 95.8% during the 4th quarter. Cerity Partners LLC now owns 228,713 shares of the exchange traded fund’s stock valued at $8,934,000 after purchasing an additional 111,930 shares in the last quarter. Chesapeake Wealth Management increased its stake in iShares MSCI Emerging Markets ETF by 39.0% during the 4th quarter. Chesapeake Wealth Management now owns 23,017 shares of the exchange traded fund’s stock valued at $899,000 after purchasing an additional 6,462 shares in the last quarter. Element Pointe Advisors LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at $2,572,000. Telemus Capital LLC increased its stake in iShares MSCI Emerging Markets ETF by 71.5% during the 4th quarter. Telemus Capital LLC now owns 46,647 shares of the exchange traded fund’s stock valued at $1,822,000 after purchasing an additional 19,450 shares in the last quarter. Finally, Filament LLC increased its stake in iShares MSCI Emerging Markets ETF by 130.0% during the 4th quarter. Filament LLC now owns 45,345 shares of the exchange traded fund’s stock valued at $1,771,000 after purchasing an additional 25,627 shares in the last quarter.

EEM stock traded down $0.46 during midday trading on Friday, reaching $41.10. 71,468,255 shares of the company’s stock traded hands, compared to its average volume of 71,207,219. iShares MSCI Emerging Markets ETF has a 52 week low of $37.58 and a 52 week high of $45.29.

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iShares MSCI Emerging Markets ETF 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).

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Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM).

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

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