iShares MSCI Emerging Markets ETF $EEM Stock Holdings Reduced by Summit Financial Consulting LLC

Summit Financial Consulting LLC decreased its stake in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 54.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,360 shares of the exchange traded fund’s stock after selling 63,893 shares during the quarter. iShares MSCI Emerging Markets ETF makes up 2.7% of Summit Financial Consulting LLC’s portfolio, making the stock its 10th biggest holding. Summit Financial Consulting LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $3,631,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in EEM. Founders Financial Securities LLC lifted its position in shares of iShares MSCI Emerging Markets ETF by 0.3% during the 1st quarter. Founders Financial Securities LLC now owns 52,222 shares of the exchange traded fund’s stock valued at $3,148,000 after buying an additional 163 shares in the last quarter. Arcus Capital Partners LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 1.0% during the 1st quarter. Arcus Capital Partners LLC now owns 16,886 shares of the exchange traded fund’s stock valued at $959,000 after acquiring an additional 167 shares during the period. Discipline Wealth Solutions LLC grew its stake in shares of iShares MSCI Emerging Markets ETF by 2.3% during the 1st quarter. Discipline Wealth Solutions LLC now owns 8,212 shares of the exchange traded fund’s stock valued at $466,000 after acquiring an additional 187 shares during the period. Kagan Cocozza Asset Management increased its holdings in iShares MSCI Emerging Markets ETF by 1.9% in the 1st quarter. Kagan Cocozza Asset Management now owns 10,445 shares of the exchange traded fund’s stock worth $593,000 after acquiring an additional 191 shares in the last quarter. Finally, Koshinski Asset Management Inc. increased its holdings in iShares MSCI Emerging Markets ETF by 3.9% in the 1st quarter. Koshinski Asset Management Inc. now owns 5,427 shares of the exchange traded fund’s stock worth $308,000 after acquiring an additional 206 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Down 0.7%

iShares MSCI Emerging Markets ETF stock opened at $63.96 on Friday. iShares MSCI Emerging Markets ETF has a 12-month low of $52.38 and a 12-month high of $71.57. The firm has a market capitalization of $29.65 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The firm has a 50 day moving average of $66.95 and a 200 day moving average of $65.67.

iShares MSCI Emerging Markets ETF Company 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). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.