Flagstar Advisors Inc. Has $443,000 Holdings in iShares MSCI Emerging Markets ETF $EEM

Flagstar Advisors Inc. cut its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 45.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 9,177 shares of the exchange traded fund’s stock after selling 7,545 shares during the quarter. Flagstar Advisors Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $443,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Barings LLC acquired a new position in iShares MSCI Emerging Markets ETF in the first quarter valued at approximately $24,806,000. US Financial Advisors LLC lifted its stake in iShares MSCI Emerging Markets ETF by 11.6% in the first quarter. US Financial Advisors LLC now owns 226,949 shares of the exchange traded fund’s stock valued at $9,918,000 after buying an additional 23,542 shares during the period. Geneos Wealth Management Inc. lifted its stake in iShares MSCI Emerging Markets ETF by 21.1% in the first quarter. Geneos Wealth Management Inc. now owns 136,579 shares of the exchange traded fund’s stock valued at $5,969,000 after buying an additional 23,772 shares during the period. Aegis Wealth Management LLC lifted its stake in iShares MSCI Emerging Markets ETF by 68.7% in the first quarter. Aegis Wealth Management LLC now owns 8,593 shares of the exchange traded fund’s stock valued at $376,000 after buying an additional 3,500 shares during the period. Finally, MMA Asset Management LLC lifted its stake in iShares MSCI Emerging Markets ETF by 6.4% in the first quarter. MMA Asset Management LLC now owns 105,759 shares of the exchange traded fund’s stock valued at $4,622,000 after buying an additional 6,329 shares during the period. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of EEM opened at $53.01 on Monday. iShares MSCI Emerging Markets ETF has a 52-week low of $38.19 and a 52-week high of $53.67. The business’s 50 day moving average price is $50.10 and its two-hundred day moving average price is $46.84. The firm has a market cap of $20.16 billion, a PE ratio of 14.46 and a beta of 0.74.

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).