Wealthcare Advisory Partners LLC Cuts Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Wealthcare Advisory Partners LLC trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,668 shares of the exchange traded fund’s stock after selling 5,697 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,366,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of EEM. Bank of Montreal Can boosted its stake in shares of iShares MSCI Emerging Markets ETF by 91.1% in the second quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after purchasing an additional 3,382,010 shares during the period. DRW Securities LLC boosted its position in iShares MSCI Emerging Markets ETF by 603.8% in the 3rd quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock valued at $125,310,000 after buying an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda acquired a new position in shares of iShares MSCI Emerging Markets ETF in the third quarter worth $105,980,000. LPL Financial LLC increased its position in shares of iShares MSCI Emerging Markets ETF by 6.2% during the third quarter. LPL Financial LLC now owns 2,118,866 shares of the exchange traded fund’s stock worth $97,171,000 after acquiring an additional 123,741 shares during the period. Finally, The Manufacturers Life Insurance Company raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,498,674 shares of the exchange traded fund’s stock valued at $63,829,000 after acquiring an additional 6,995 shares in the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

EEM opened at $42.09 on Friday. The business has a fifty day moving average price of $42.82 and a 200 day moving average price of $43.53. iShares MSCI Emerging Markets ETF has a 12 month low of $37.83 and a 12 month high of $47.44.

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).