Oppenheimer & Co. Inc. Cuts Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Oppenheimer & Co. Inc. lowered its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,282 shares of the exchange traded fund’s stock after selling 2,344 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $3,544,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Fairscale Capital LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth about $26,000. Innealta Capital LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $32,000. Covenant Partners LLC increased its stake in iShares MSCI Emerging Markets ETF by 3,291.7% in the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 790 shares during the last quarter. Jamison Private Wealth Management Inc. raised its holdings in shares of iShares MSCI Emerging Markets ETF by 836.5% during the 2nd quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 870 shares in the last quarter. Finally, Clean Yield Group bought a new position in shares of iShares MSCI Emerging Markets ETF during the 2nd quarter valued at approximately $43,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

EEM stock opened at $42.95 on Friday. iShares MSCI Emerging Markets ETF has a fifty-two week low of $37.48 and a fifty-two week high of $47.44. The firm has a fifty day moving average price of $44.82 and a 200 day moving average price of $43.45.

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).