Harvard’s Endowments Pares Some EM ETF Exposure

In addition to eliminating its stake in EEM, Harvard Management also sold its entire position of just over 583,000 shares of the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG). [Investors Return to Junk Bond ETFs]

Harvard Management also owned 4,900 put options on the Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy ETF, at the end of the third quarter.

iShares MSCI Emerging Markets ETF

 

ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EEM and HYG.