Commonwealth Equity Services LLC Sells 18,390 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Commonwealth Equity Services LLC lowered its position in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 579,853 shares of the exchange traded fund’s stock after selling 18,390 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $23,316,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Anchor Investment Management LLC bought a new stake in iShares MSCI Emerging Markets ETF during the 4th quarter valued at approximately $31,000. Cetera Trust Company N.A purchased a new position in shares of iShares MSCI Emerging Markets ETF in the fourth quarter worth $32,000. DiNuzzo Private Wealth Inc. bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $34,000. FNY Investment Advisers LLC bought a new position in shares of iShares MSCI Emerging Markets ETF during the fourth quarter worth $40,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in iShares MSCI Emerging Markets ETF during the fourth quarter valued at $48,000. 81.39% of the stock is currently owned by institutional investors.

iShares MSCI Emerging Markets ETF Trading Up 0.9 %

Shares of EEM stock opened at $42.47 on Monday. The company’s fifty day simple moving average is $40.84 and its two-hundred day simple moving average is $39.66. iShares MSCI Emerging Markets ETF has a 52 week low of $36.38 and a 52 week high of $42.49.

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).