NorthRock Partners LLC Lowers Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

NorthRock Partners LLC cut its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 50.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,559 shares of the exchange traded fund’s stock after selling 6,557 shares during the quarter. NorthRock Partners LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $269,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Woodmont Investment Counsel LLC purchased a new stake in iShares MSCI Emerging Markets ETF in the first quarter valued at approximately $27,000. Anchor Investment Management LLC purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $31,000. Cetera Trust Company N.A purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $32,000. Eagle Bay Advisors LLC grew its stake in iShares MSCI Emerging Markets ETF by 430.9% during the fourth quarter. Eagle Bay Advisors LLC now owns 807 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 655 shares during the period. Finally, DiNuzzo Private Wealth Inc. purchased a new stake in iShares MSCI Emerging Markets ETF during the fourth quarter worth approximately $34,000. 81.39% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Emerging Markets ETF Trading Down 1.0 %

Shares of NYSEARCA EEM traded down $0.46 during trading on Monday, reaching $44.05. 24,168,285 shares of the stock were exchanged, compared to its average volume of 28,100,000. The business’s 50-day moving average price is $42.87 and its 200 day moving average price is $41.11. iShares MSCI Emerging Markets ETF has a twelve month low of $36.38 and a twelve month high of $44.64.

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).