Brand Asset Management Group Inc. Sells 7,216 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Brand Asset Management Group Inc. trimmed its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 36.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 12,534 shares of the exchange traded fund’s stock after selling 7,216 shares during the quarter. Brand Asset Management Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $524,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EEM. Bank of Montreal Can lifted its position in iShares MSCI Emerging Markets ETF by 91.1% in the 2nd quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock valued at $302,014,000 after acquiring an additional 3,382,010 shares in the last quarter. DRW Securities LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after acquiring an additional 2,344,192 shares during the period. SPX Gestao de Recursos Ltda purchased a new position in shares of iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $105,980,000. Erste Asset Management GmbH bought a new position in iShares MSCI Emerging Markets ETF during the third quarter valued at approximately $29,856,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the third quarter worth approximately $19,822,000. 81.39% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM opened at $42.09 on Friday. iShares MSCI Emerging Markets ETF has a 1-year low of $37.83 and a 1-year high of $47.44. The business’s fifty day moving average price is $42.87 and its 200-day moving average price is $43.53.

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).