iShares MSCI Emerging Markets ETF $EEM Stock Position Reduced by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 14.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,962 shares of the exchange traded fund’s stock after selling 6,126 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $1,687,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Sowell Financial Services LLC grew its position in iShares MSCI Emerging Markets ETF by 0.3% in the second quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after acquiring an additional 211 shares in the last quarter. Red Tortoise LLC grew its position in iShares MSCI Emerging Markets ETF by 0.8% in the second quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock worth $1,385,000 after acquiring an additional 220 shares in the last quarter. Hardin Capital Partners LLC grew its position in iShares MSCI Emerging Markets ETF by 3.2% in the second quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 237 shares in the last quarter. Coastline Trust Co grew its position in iShares MSCI Emerging Markets ETF by 2.7% in the first quarter. Coastline Trust Co now owns 9,382 shares of the exchange traded fund’s stock worth $410,000 after acquiring an additional 245 shares in the last quarter. Finally, Haverford Trust Co grew its position in iShares MSCI Emerging Markets ETF by 1.8% in the first quarter. Haverford Trust Co now owns 15,117 shares of the exchange traded fund’s stock worth $661,000 after acquiring an additional 260 shares in the last quarter. 81.39% of the stock is owned by institutional investors.

iShares MSCI Emerging Markets ETF Stock Down 3.7%

EEM stock opened at $51.94 on Friday. The company has a market capitalization of $19.75 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. iShares MSCI Emerging Markets ETF has a 12 month low of $38.19 and a 12 month high of $54.69. The firm has a 50 day moving average of $51.43 and a two-hundred day moving average of $47.76.

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).