B. Riley Wealth Advisors Inc. Sells 6,577 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

B. Riley Wealth Advisors Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 25.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 18,781 shares of the exchange traded fund’s stock after selling 6,577 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $869,000 at the end of the most recent quarter.

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

iShares MSCI Emerging Markets ETF Trading Down 0.2 %

NYSEARCA:EEM opened at $42.96 on Wednesday. iShares MSCI Emerging Markets ETF has a twelve month low of $37.48 and a twelve month high of $47.44. The stock has a fifty day simple moving average of $44.37 and a 200-day simple moving average of $43.62.

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).