Adell Harriman & Carpenter Inc. Has $500,000 Stock Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Adell Harriman & Carpenter Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 21.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,430 shares of the exchange traded fund’s stock after selling 3,349 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $500,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. TFB Advisors LLC bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at $278,000. Evergreen Capital Management LLC grew its holdings in iShares MSCI Emerging Markets ETF by 3.1% during the third quarter. Evergreen Capital Management LLC now owns 36,552 shares of the exchange traded fund’s stock worth $1,387,000 after buying an additional 1,100 shares in the last quarter. Allworth Financial LP raised its position in iShares MSCI Emerging Markets ETF by 2.5% in the 3rd quarter. Allworth Financial LP now owns 34,654 shares of the exchange traded fund’s stock valued at $1,315,000 after buying an additional 843 shares during the last quarter. Clearstead Advisors LLC lifted its stake in iShares MSCI Emerging Markets ETF by 3.4% during the 3rd quarter. Clearstead Advisors LLC now owns 53,582 shares of the exchange traded fund’s stock valued at $2,033,000 after acquiring an additional 1,761 shares in the last quarter. Finally, Burns J W & Co. Inc. NY purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at $205,000. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM traded down $0.31 during trading on Tuesday, reaching $41.26. 5,045,878 shares of the company traded hands, compared to its average volume of 28,591,445. The firm has a 50 day simple moving average of $40.74 and a 200-day simple moving average of $39.55. iShares MSCI Emerging Markets ETF has a 52-week low of $36.38 and a 52-week high of $42.00.

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).