DAVENPORT & Co LLC Sells 2,060 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

DAVENPORT & Co LLC decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 11.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 15,192 shares of the exchange traded fund’s stock after selling 2,060 shares during the period. DAVENPORT & Co LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $635,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Teachers Insurance & Annuity Association of America purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at about $37,000. Covenant Partners LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF by 3,291.7% in the third quarter. Covenant Partners LLC now owns 814 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 790 shares during the last quarter. Atmos Advisory LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the fourth quarter valued at about $40,000. Bristlecone Advisors LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the third quarter valued at about $65,000. Finally, Joseph Group Capital Management raised its holdings in shares of iShares MSCI Emerging Markets ETF by 24.9% in the third quarter. Joseph Group Capital Management now owns 2,068 shares of the exchange traded fund’s stock valued at $95,000 after purchasing an additional 412 shares during the last quarter. Institutional investors and hedge funds own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.1 %

Shares of EEM stock opened at $43.20 on Friday. The firm has a 50-day moving average of $42.65 and a 200-day moving average of $43.43. iShares MSCI Emerging Markets ETF has a one year low of $38.95 and a one year high of $47.44.

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).