Adell Harriman & Carpenter Inc. Sells 1,071 Shares of iShares MSCI Emerging Markets ETF $EEM

Adell Harriman & Carpenter Inc. trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,392 shares of the exchange traded fund’s stock after selling 1,071 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 1.7% during the fourth quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock valued at $4,959,000 after buying an additional 1,940 shares during the period. Golden State Wealth Management LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 704 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 352 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in iShares MSCI Emerging Markets ETF by 386.9% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 88,606 shares of the exchange traded fund’s stock valued at $3,878,000 after acquiring an additional 70,407 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in shares of iShares MSCI Emerging Markets ETF by 19.0% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 207,559 shares of the exchange traded fund’s stock valued at $9,070,000 after buying an additional 33,069 shares in the last quarter. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the first quarter worth approximately $41,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.6%

Shares of iShares MSCI Emerging Markets ETF stock opened at $56.01 on Thursday. The business’s fifty day simple moving average is $52.72 and its 200-day simple moving average is $48.97. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $56.31. The firm has a market cap of $21.30 billion, a PE ratio of 14.46 and a beta of 0.64.

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).