iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. trimmed its position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.7% in the second quarter, Holdings Channel.com reports. The fund owned 692,688 shares of the exchange traded fund’s stock after selling 12,246 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $29,502,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Savant Capital LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 1.4% in the 4th quarter. Savant Capital LLC now owns 87,185 shares of the exchange traded fund’s stock worth $3,506,000 after buying an additional 1,246 shares during the last quarter. Mission Wealth Management LP boosted its stake in iShares MSCI Emerging Markets ETF by 1.5% in the fourth quarter. Mission Wealth Management LP now owns 21,478 shares of the exchange traded fund’s stock valued at $864,000 after acquiring an additional 320 shares during the period. MMA Asset Management LLC boosted its stake in iShares MSCI Emerging Markets ETF by 8.3% in the fourth quarter. MMA Asset Management LLC now owns 84,410 shares of the exchange traded fund’s stock valued at $3,341,000 after acquiring an additional 6,472 shares during the period. FineMark National Bank & Trust grew its holdings in shares of iShares MSCI Emerging Markets ETF by 6.6% during the fourth quarter. FineMark National Bank & Trust now owns 353,459 shares of the exchange traded fund’s stock valued at $14,213,000 after purchasing an additional 21,790 shares during the last quarter. Finally, Harvest Investment Advisors LLC raised its position in shares of iShares MSCI Emerging Markets ETF by 1.0% during the 4th quarter. Harvest Investment Advisors LLC now owns 114,144 shares of the exchange traded fund’s stock worth $4,590,000 after purchasing an additional 1,145 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

NYSEARCA:EEM opened at $43.72 on Tuesday. The business has a 50 day simple moving average of $42.72 and a 200 day simple moving average of $41.72. iShares MSCI Emerging Markets ETF has a 12-month low of $36.38 and a 12-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).