Gladstone Institutional Advisory LLC Trims Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Gladstone Institutional Advisory LLC decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 17,260 shares of the exchange traded fund’s stock after selling 397 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $792,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Clarus Wealth Advisors boosted its holdings in shares of iShares MSCI Emerging Markets ETF by 0.7% in the 3rd quarter. Clarus Wealth Advisors now owns 33,534 shares of the exchange traded fund’s stock valued at $1,588,000 after purchasing an additional 232 shares during the last quarter. Carret Asset Management LLC grew its holdings in shares of iShares MSCI Emerging Markets ETF by 1.3% during the 2nd quarter. Carret Asset Management LLC now owns 19,525 shares of the exchange traded fund’s stock worth $832,000 after purchasing an additional 258 shares during the period. Patriot Investment Management Group Inc. increased its position in iShares MSCI Emerging Markets ETF by 1.6% during the 2nd quarter. Patriot Investment Management Group Inc. now owns 16,036 shares of the exchange traded fund’s stock worth $683,000 after purchasing an additional 259 shares in the last quarter. Signaturefd LLC increased its position in iShares MSCI Emerging Markets ETF by 0.8% during the 2nd quarter. Signaturefd LLC now owns 32,305 shares of the exchange traded fund’s stock worth $1,376,000 after purchasing an additional 263 shares in the last quarter. Finally, One Wealth Advisors LLC grew its stake in iShares MSCI Emerging Markets ETF by 2.6% during the third quarter. One Wealth Advisors LLC now owns 10,915 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 280 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Price Performance

Shares of EEM stock opened at $44.49 on Friday. The company’s fifty day simple moving average is $44.59 and its 200-day simple moving average is $43.22. iShares MSCI Emerging Markets ETF has a 52 week low of $37.47 and a 52 week high of $47.44.

iShares MSCI Emerging Markets ETF Profile

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).