Financial Counselors Inc. Reduces Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Financial Counselors Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 46,490 shares of the exchange traded fund’s stock after selling 1,131 shares during the period. Financial Counselors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $2,132,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fairscale Capital LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at $26,000. Innealta Capital LLC bought a new position in iShares MSCI Emerging Markets ETF during the 2nd quarter valued at about $32,000. Covenant Partners LLC raised its position 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 purchasing an additional 790 shares during the period. Jamison Private Wealth Management Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 836.5% in the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 870 shares during the last quarter. Finally, Clean Yield Group purchased a new position in shares of iShares MSCI Emerging Markets ETF during the second 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 Stock Up 0.2 %

EEM opened at $43.26 on Friday. The stock’s 50 day moving average price is $44.93 and its 200-day moving average price is $43.54. iShares MSCI Emerging Markets ETF has a one year low of $37.48 and a one year 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).