SNS Financial Group LLC Trims Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

SNS Financial Group LLC lessened its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 8.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 67,585 shares of the exchange traded fund’s stock after selling 6,234 shares during the period. SNS Financial Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $2,826,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Covenant Partners LLC lifted its stake in iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 790 shares during the last quarter. Teachers Insurance & Annuity Association of America bought a new stake in iShares MSCI Emerging Markets ETF during the 3rd quarter valued at approximately $37,000. Creative Capital Management Investments LLC bought a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $38,000. Atmos Advisory LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the 4th quarter worth about $40,000. Finally, CarsonAllaria Wealth Management Ltd. grew its holdings in iShares MSCI Emerging Markets ETF by 40.0% in the fourth quarter. CarsonAllaria Wealth Management Ltd. now owns 1,221 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 349 shares during the period. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:EEM opened at $44.62 on Thursday. The business has a fifty day moving average price of $42.68 and a 200-day moving average price of $43.55. iShares MSCI Emerging Markets ETF has a 1-year low of $39.39 and a 1-year high of $47.44.

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).