iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) Shares Sold by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. cut its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEMGet Rating) by 18.2% in the second quarter, Holdings Channel reports. The fund owned 10,328 shares of the exchange traded fund’s stock after selling 2,291 shares during the period. Sigma Investment Counselors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of EEM. Byrne Asset Management LLC purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 4th quarter worth $25,000. Aberdeen Wealth Management LLC purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $28,000. Aspire Wealth Management Corp purchased a new position in iShares MSCI Emerging Markets ETF during the 4th quarter valued at about $31,000. Adirondack Trust Co. boosted its holdings in iShares MSCI Emerging Markets ETF by 235.3% during the 1st quarter. Adirondack Trust Co. now owns 1,140 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 800 shares during the period. Finally, Beaird Harris Wealth Management LLC boosted its holdings in iShares MSCI Emerging Markets ETF by 211.6% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 1,159 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 787 shares during the period. 79.56% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

iShares MSCI Emerging Markets ETF stock traded down $0.97 during midday trading on Friday, reaching $35.92. 2,077,734 shares of the stock traded hands, compared to its average volume of 39,789,408. The company has a 50-day simple moving average of $39.39 and a two-hundred day simple moving average of $41.22. iShares MSCI Emerging Markets ETF has a 12-month low of $36.81 and a 12-month high of $52.62.

iShares MSCI Emerging Markets ETF Company Profile

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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

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:EEMGet Rating).

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

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