Willis Johnson & Associates Inc. Sells 2,344 Shares of iShares MSCI Emerging Markets ETF $EEM

Willis Johnson & Associates Inc. lessened its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 127,457 shares of the exchange traded fund’s stock after selling 2,344 shares during the period. Willis Johnson & Associates Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,149,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EEM. Tompkins Financial Corp acquired a new stake in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $26,000. Maseco LLP acquired a new position in shares of iShares MSCI Emerging Markets ETF during the second quarter valued at $27,000. Traub Capital Management LLC bought a new position in iShares MSCI Emerging Markets ETF in the second quarter valued at about $34,000. Hemington Wealth Management acquired a new stake in iShares MSCI Emerging Markets ETF in the second quarter worth about $34,000. Finally, Gladwyn Financial Advisors Inc. bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $35,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.1%

Shares of NYSEARCA EEM opened at $54.32 on Monday. iShares MSCI Emerging Markets ETF has a 1 year low of $38.19 and a 1 year high of $56.31. The firm’s 50-day moving average is $54.26 and its 200-day moving average is $50.69. The firm has a market capitalization of $20.66 billion, a PE ratio of 14.46 and a beta of 0.64.

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).