Willis Johnson & Associates Inc. Sells 3,920 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Willis Johnson & Associates Inc. lowered its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 171,374 shares of the exchange traded fund’s stock after selling 3,920 shares during the period. iShares MSCI Emerging Markets ETF comprises about 0.6% of Willis Johnson & Associates Inc.’s portfolio, making the stock its 28th largest holding. Willis Johnson & Associates Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $7,040,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Woodmont Investment Counsel LLC bought a new position in iShares MSCI Emerging Markets ETF in the first quarter valued at $27,000. Anchor Investment Management LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $31,000. Cetera Trust Company N.A bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $32,000. Eagle Bay Advisors LLC grew its position in shares of iShares MSCI Emerging Markets ETF by 430.9% in the 4th quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 655 shares during the period. Finally, DiNuzzo Private Wealth Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the 4th quarter valued at about $34,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM traded up $0.63 during midday trading on Thursday, reaching $43.45. The stock had a trading volume of 27,233,348 shares, compared to its average volume of 25,364,356. The firm has a 50 day simple moving average of $42.49 and a 200-day simple moving average of $40.86. iShares MSCI Emerging Markets ETF has a one year low of $36.38 and a one year 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).