iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Procyon Private Wealth Partners LLC

Procyon Private Wealth Partners LLC decreased its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.1% in the third quarter, Holdings Channel reports. The firm owned 34,232 shares of the exchange traded fund’s stock after selling 370 shares during the period. Procyon Private Wealth Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of EEM. OLD Mission Capital LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $472,358,000. Bank of Montreal Can lifted its position in iShares MSCI Emerging Markets ETF by 351.7% during the 2nd quarter. Bank of Montreal Can now owns 2,298,287 shares of the exchange traded fund’s stock worth $127,624,000 after acquiring an additional 1,789,532 shares during the period. Bridgewater Associates LP lifted its position in iShares MSCI Emerging Markets ETF by 421.5% during the 2nd quarter. Bridgewater Associates LP now owns 2,182,509 shares of the exchange traded fund’s stock worth $120,365,000 after acquiring an additional 1,764,000 shares during the period. Russell Investments Group Ltd. acquired a new stake in iShares MSCI Emerging Markets ETF during the 2nd quarter worth about $91,273,000. Finally, Sumitomo Mitsui Financial Group Inc. lifted its position in iShares MSCI Emerging Markets ETF by 130.2% during the 2nd quarter. Sumitomo Mitsui Financial Group Inc. now owns 2,012,238 shares of the exchange traded fund’s stock worth $110,975,000 after acquiring an additional 1,138,246 shares during the period. 68.63% of the stock is owned by institutional investors.

Shares of EEM opened at $50.39 on Thursday. The stock has a 50-day moving average of $51.10 and a two-hundred day moving average of $52.53. iShares MSCI Emerging Markets ETF has a one year low of $48.71 and a one year high of $58.29.

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).

See Also: Holder of Record

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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