Stephens Inc. AR decreased its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 7.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 442,872 shares of the exchange traded fund’s stock after selling 34,533 shares during the quarter. Stephens Inc. AR’s holdings in iShares MSCI Emerging Markets ETF were worth $19,004,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Evolution Wealth Advisors LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth about $40,000. JNBA Financial Advisors raised its stake in iShares MSCI Emerging Markets ETF by 53.9% during the first quarter. JNBA Financial Advisors now owns 957 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 335 shares during the period. Liberty Wealth Management LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth about $42,000. Bay Harbor Wealth Management LLC raised its stake in iShares MSCI Emerging Markets ETF by 63.8% during the second quarter. Bay Harbor Wealth Management LLC now owns 1,073 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 418 shares during the period. Finally, Granite Investment Partners LLC acquired a new stake in iShares MSCI Emerging Markets ETF during the first quarter worth about $53,000.

EEM traded down $1.11 on Wednesday, hitting $38.78. 5,507,300 shares of the company’s stock were exchanged, compared to its average volume of 69,166,734. iShares MSCI Emerging Markets ETF has a twelve month low of $37.58 and a twelve month high of $44.84. The company’s fifty day simple moving average is $42.10.

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).

See Also: Range Trading

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Institutional Ownership by Quarter for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

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