Appleton Partners Inc. MA Sells 371 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Appleton Partners Inc. MA lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 2.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,620 shares of the exchange traded fund’s stock after selling 371 shares during the period. Appleton Partners Inc. MA’s holdings in iShares MSCI Emerging Markets ETF were worth $793,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Woodmont Investment Counsel LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the first quarter valued at $27,000. Cetera Trust Company N.A purchased a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $32,000. Eagle Bay Advisors LLC raised its holdings in iShares MSCI Emerging Markets ETF by 430.9% in 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 last quarter. DiNuzzo Private Wealth Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth approximately $34,000. Finally, Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the fourth quarter valued at approximately $48,000. Hedge funds and other institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Price Performance

NYSEARCA EEM traded down $0.60 during mid-day trading on Friday, reaching $41.60. The stock had a trading volume of 34,956,447 shares, compared to its average volume of 26,159,942. iShares MSCI Emerging Markets ETF has a 1 year low of $36.38 and a 1 year high of $44.64. The company has a fifty day moving average price of $42.76 and a 200 day moving average price of $41.42.

iShares MSCI Emerging Markets ETF 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).