Wealth Enhancement Advisory Services LLC Lowers Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Wealth Enhancement Advisory Services LLC decreased its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 496,618 shares of the exchange traded fund’s stock after selling 9,020 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.11% of iShares MSCI Emerging Markets ETF worth $20,401,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of EEM. TFB Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $278,000. Savant Capital LLC raised its stake in iShares MSCI Emerging Markets ETF by 1.4% in the fourth quarter. Savant Capital LLC now owns 87,185 shares of the exchange traded fund’s stock worth $3,506,000 after buying an additional 1,246 shares in the last quarter. Evergreen Capital Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 3.1% in the third quarter. Evergreen Capital Management LLC now owns 36,552 shares of the exchange traded fund’s stock worth $1,387,000 after buying an additional 1,100 shares in the last quarter. Mission Wealth Management LP raised its stake in iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Mission Wealth Management LP now owns 21,478 shares of the exchange traded fund’s stock worth $864,000 after buying an additional 320 shares in the last quarter. Finally, MMA Asset Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 8.3% in the fourth quarter. MMA Asset Management LLC now owns 84,410 shares of the exchange traded fund’s stock worth $3,341,000 after buying an additional 6,472 shares in the last quarter. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Up 0.7 %

Shares of EEM stock opened at $42.80 on Friday. The business’s fifty day simple moving average is $42.22 and its 200-day simple moving average is $40.75. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-month high of $43.87.

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).