McKinley Carter Wealth Services Inc. Sells 1,450 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

McKinley Carter Wealth Services Inc. trimmed its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,193 shares of the exchange traded fund’s stock after selling 1,450 shares during the period. McKinley Carter Wealth Services Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $594,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mayflower Financial Advisors LLC lifted its position in iShares MSCI Emerging Markets ETF by 24.7% during the fourth quarter. Mayflower Financial Advisors LLC now owns 15,510 shares of the exchange traded fund’s stock valued at $649,000 after buying an additional 3,070 shares during the period. BSW Wealth Partners increased its stake in shares of iShares MSCI Emerging Markets ETF by 14.5% in the 4th quarter. BSW Wealth Partners now owns 55,526 shares of the exchange traded fund’s stock worth $2,322,000 after acquiring an additional 7,020 shares in the last quarter. KFA Private Wealth Group LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $431,000. Griffin Asset Management Inc. lifted its position in iShares MSCI Emerging Markets ETF by 5.1% during the 4th quarter. Griffin Asset Management Inc. now owns 5,726 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 279 shares during the period. Finally, Parsons Capital Management Inc. RI boosted its stake in iShares MSCI Emerging Markets ETF by 64.9% during the fourth quarter. Parsons Capital Management Inc. RI now owns 24,518 shares of the exchange traded fund’s stock worth $1,025,000 after acquiring an additional 9,651 shares in the last quarter. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $42.49 on Thursday. The firm’s 50-day simple moving average is $42.69 and its two-hundred day simple moving average is $43.46. iShares MSCI Emerging Markets ETF has a fifty-two week low of $38.26 and a fifty-two week 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).