United Asset Strategies Inc. Lowers Stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

United Asset Strategies Inc. decreased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 1.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,055 shares of the exchange traded fund’s stock after selling 1,698 shares during the period. iShares MSCI Emerging Markets ETF makes up 1.6% of United Asset Strategies Inc.’s portfolio, making the stock its 14th biggest position. United Asset Strategies Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $6,825,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of EEM. Tocqueville Asset Management L.P. raised its position in shares of iShares MSCI Emerging Markets ETF by 2.0% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 74,116 shares of the exchange traded fund’s stock worth $3,180,000 after purchasing an additional 1,425 shares during the period. Pettinga Financial Advisors LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 32.7% in the second quarter. Pettinga Financial Advisors LLC now owns 8,125 shares of the exchange traded fund’s stock valued at $349,000 after purchasing an additional 2,000 shares in the last quarter. MPS Loria Financial Planners LLC lifted its holdings in shares of iShares MSCI Emerging Markets ETF by 2.1% in the second quarter. MPS Loria Financial Planners LLC now owns 29,452 shares of the exchange traded fund’s stock valued at $1,263,000 after purchasing an additional 598 shares in the last quarter. Biltmore Family Office LLC purchased a new stake in shares of iShares MSCI Emerging Markets ETF in the second quarter valued at $103,000. Finally, Cutter & CO Brokerage Inc. purchased a new stake in shares of iShares MSCI Emerging Markets ETF during the second quarter worth $736,000.

Shares of NYSEARCA:EEM traded up $0.50 during midday trading on Tuesday, hitting $39.89. 86,410,735 shares of the stock were exchanged, compared to its average volume of 68,834,297. iShares MSCI Emerging Markets ETF has a 52-week low of $37.58 and a 52-week high of $44.84. The stock’s fifty day moving average is $42.16.

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).

Recommended Story: Buy Rating

Want to see what other hedge funds are holding EEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Emerging Markets ETF (NYSEARCA:EEM).

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

Receive News & Ratings for iShares MSCI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.