Brookstone Capital Management Lowers Stock Holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Brookstone Capital Management reduced its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 27.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 47,578 shares of the exchange traded fund’s stock after selling 18,044 shares during the period. Brookstone Capital Management’s holdings in iShares MSCI Emerging Markets ETF were worth $1,945,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $26,000. Kavar Capital Partners LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $30,000. Vista Private Wealth Partners. LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 3rd quarter valued at approximately $37,000. Bay Harbor Wealth Management LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 63.8% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 1,073 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 418 shares during the last quarter. Finally, Dividend Assets Capital LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF in the 2nd quarter valued at approximately $63,000.

Shares of EEM stock opened at $41.98 on Friday. The business’s 50 day moving average is $41.19 and its two-hundred day moving average is $41.81. iShares MSCI Emerging Markets ETF has a twelve month low of $37.58 and a twelve month high of $44.84.

About iShares MSCI Emerging Markets ETF

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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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)

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