Fluent Financial LLC Sells 15,673 Shares of iShares MSCI Emerging Markets ETF $EEM

Fluent Financial LLC trimmed its holdings in iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 5.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 271,384 shares of the exchange traded fund’s stock after selling 15,673 shares during the period. iShares MSCI Emerging Markets ETF comprises approximately 5.4% of Fluent Financial LLC’s holdings, making the stock its 6th largest holding. Fluent Financial LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $13,092,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Sowell Financial Services LLC raised its stake in shares of iShares MSCI Emerging Markets ETF by 0.3% during the 2nd quarter. Sowell Financial Services LLC now owns 71,413 shares of the exchange traded fund’s stock worth $3,445,000 after purchasing an additional 211 shares in the last quarter. Red Tortoise LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 0.8% during the 2nd quarter. Red Tortoise LLC now owns 28,704 shares of the exchange traded fund’s stock valued at $1,385,000 after acquiring an additional 220 shares during the last quarter. Hardin Capital Partners LLC increased its holdings in shares of iShares MSCI Emerging Markets ETF by 3.2% during the 2nd quarter. Hardin Capital Partners LLC now owns 7,732 shares of the exchange traded fund’s stock valued at $374,000 after acquiring an additional 237 shares during the last quarter. Coastline Trust Co increased its holdings in shares of iShares MSCI Emerging Markets ETF by 2.7% during the 1st quarter. Coastline Trust Co now owns 9,382 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 245 shares during the last quarter. Finally, Haverford Trust Co increased its holdings in shares of iShares MSCI Emerging Markets ETF by 1.8% during the 1st quarter. Haverford Trust Co now owns 15,117 shares of the exchange traded fund’s stock valued at $661,000 after acquiring an additional 260 shares during the last quarter. 81.39% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Emerging Markets ETF Stock Performance

Shares of NYSEARCA EEM opened at $54.49 on Thursday. The firm has a market cap of $20.72 billion, a price-to-earnings ratio of 14.46 and a beta of 0.74. The business’s 50-day simple moving average is $51.25 and its 200-day simple moving average is $47.63. iShares MSCI Emerging Markets ETF has a 52 week low of $38.19 and a 52 week high of $54.69.

iShares MSCI Emerging Markets ETF 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).