Founders Grove Wealth Partners LLC Sells 2,297 Shares of iShares MSCI Emerging Markets ETF $EEM

Founders Grove Wealth Partners LLC reduced its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,303 shares of the exchange traded fund’s stock after selling 2,297 shares during the quarter. Founders Grove Wealth Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,269,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tompkins Financial Corp bought a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at $26,000. Maseco LLP bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth $27,000. Golden State Wealth Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 100.0% in the 1st 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 in the last quarter. Hemington Wealth Management bought a new position in iShares MSCI Emerging Markets ETF in the 2nd quarter worth $34,000. Finally, Dunhill Financial LLC raised its holdings in iShares MSCI Emerging Markets ETF by 589.6% in the 1st quarter. Dunhill Financial LLC now owns 931 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 796 shares in the last quarter. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 2.9%

Shares of NYSEARCA EEM opened at $53.45 on Tuesday. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $54.69. The firm has a market capitalization of $20.32 billion, a PE ratio of 14.46 and a beta of 0.74. The firm has a fifty day simple moving average of $51.53 and a two-hundred day simple moving average of $47.85.

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).