Brand Asset Management Group Inc. Sells 7,216 Shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM)

Brand Asset Management Group Inc. lessened its stake in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 36.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 12,534 shares of the exchange traded fund’s stock after selling 7,216 shares during the period. Brand Asset Management Group Inc.’s holdings in iShares MSCI Emerging Markets ETF were worth $524,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in EEM. Bank of Montreal Can increased its holdings in iShares MSCI Emerging Markets ETF by 91.1% in the 2nd quarter. Bank of Montreal Can now owns 7,092,851 shares of the exchange traded fund’s stock worth $302,014,000 after acquiring an additional 3,382,010 shares in the last quarter. DRW Securities LLC increased its stake in shares of iShares MSCI Emerging Markets ETF by 603.8% in the third quarter. DRW Securities LLC now owns 2,732,449 shares of the exchange traded fund’s stock worth $125,310,000 after purchasing an additional 2,344,192 shares in the last quarter. SPX Gestao de Recursos Ltda bought a new stake in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $105,980,000. Erste Asset Management GmbH purchased a new position in shares of iShares MSCI Emerging Markets ETF during the 3rd quarter valued at $29,856,000. Finally, Flagship Harbor Advisors LLC bought a new position in iShares MSCI Emerging Markets ETF in the 3rd quarter worth $19,822,000. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Trading Up 0.8 %

Shares of EEM stock opened at $42.09 on Friday. The stock has a fifty day simple moving average of $42.87 and a two-hundred day simple moving average of $43.53. iShares MSCI Emerging Markets ETF has a 52-week low of $37.83 and a 52-week high of $47.44.

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).