Rikoon Group LLC Cuts Position in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Rikoon Group LLC cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,374 shares of the exchange traded fund’s stock after selling 876 shares during the quarter. Rikoon Group LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $231,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Kavar Capital Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at $30,000. Evolution Wealth Advisors LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth $40,000. JNBA Financial Advisors grew its stake in iShares MSCI Emerging Markets ETF by 53.9% during the 1st quarter. JNBA Financial Advisors now owns 957 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 335 shares during the last quarter. Bay Harbor Wealth Management LLC grew its stake in iShares MSCI Emerging Markets ETF by 63.8% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 1,073 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 418 shares during the last quarter. Finally, Granite Investment Partners LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 1st quarter worth $53,000.

EEM stock traded down $0.59 on Friday, hitting $39.05. 75,492,404 shares of the company’s stock were exchanged, compared to its average volume of 68,758,891. iShares MSCI Emerging Markets ETF has a 12-month low of $37.58 and a 12-month high of $44.84. The firm has a 50 day moving average price of $41.41 and a two-hundred day moving average price of $42.25.

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).

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

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