iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by MAI Capital Management

MAI Capital Management decreased its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 192,165 shares of the exchange traded fund’s stock after selling 11,421 shares during the period. MAI Capital Management’s holdings in iShares MSCI Emerging Markets ETF were worth $8,813,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in EEM. Fairscale Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the second quarter worth about $26,000. Innealta Capital LLC acquired a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $32,000. Covenant Partners LLC boosted its stake in shares of iShares MSCI Emerging Markets ETF by 3,291.7% during the 3rd quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 790 shares during the last quarter. Jamison Private Wealth Management Inc. grew its position in shares of iShares MSCI Emerging Markets ETF by 836.5% during the second quarter. Jamison Private Wealth Management Inc. now owns 974 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 870 shares in the last quarter. Finally, Clean Yield Group bought a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter worth $43,000. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 1.1 %

NYSEARCA EEM opened at $43.44 on Tuesday. iShares MSCI Emerging Markets ETF has a 12 month low of $37.48 and a 12 month high of $47.44. The company’s fifty day moving average price is $44.87 and its two-hundred day moving average price is $43.51.

iShares MSCI Emerging Markets ETF Company 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).